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Al-Jazeera – Economics:
The Saudi Industrial and Technological Area Commission (MODON) awarded the King Salman Energy City Development License (SPARK) as the first license for an energy city issued by Madan. In light of the memorandum of understanding signed between the two parties, the development permit was also handed over by Madan 's general manager, engineer Khalid Al Salem, director of infrastructure and services. support to Saif Al Qahtani. Engineer Khalid Al Salem said that Madan is working hard to support the King Salman Energy City project, a fruitful cooperation and the creation of effective partnerships with national authorities to support the development process and the national economy. Achieving the vision of Saudi Arabia 2030, emphasizing that the project will stimulate domestic enterprises to provide development projects that contribute to the localization of the industry and provide hundreds of direct and indirect jobs. indirectly for the Saudis and Saudi Arabia. "The King Salman Energy City Project is one of the empowerment initiatives that meet the aspirations of the Kingdom's Vision 2030 for economic, industrial and professional creation, in accordance with one of the visionary aspirations of building a city, "said Mohammed Al Assaf, vice president of Saudi Aramco. The energy industry is the cornerstone to attract local and foreign investment and enable emiratization in this vital sector, following which the Council of Ministers made the decision to establish the King Salman Energy City. , which is aligned with the Program for Improving Total Value Added. MCU Saudi Arabia three years ago to double local content in 2021 ".
King Salman Energy City (SPARK) contributes to the supply chain of industries and services that support the energy sector in the region and the Kingdom: exploration, production and refining of crude oil, petrochemicals, oil and gas production. electricity and water. This will be done by providing world-class infrastructure and an attractive environment for global investors, as well as providing integrated services that will help investors in the sustainability of their investments.
Saudi Aramco, following the decision of the Council of Ministers to establish the city in July 2017, initiated studies and surveys with leading global suppliers to create an integrated and sustainable work environment that matches the best manufacturing centers of the world. The company will establish its headquarters for drilling and well maintenance in the city, as well as a supply center and supply system management. The project comprises five main areas:
– Industrial Zone: divided into five specialized zones, which contribute to the development of the integrated value system of energy products and services. The specialized sectors will focus on general manufacturing, electricity and equipment, liquids and chemicals, metal forming and industrial services.
– Dry Port: A modern logistics service area with a customs area that may be linked to the Gulf Railway in the future. The area will include logistics and other service facilities. Once completed, it will be characterized by a high degree of automation and the capacity of the port will reach 8 million tons of freight per year.
– Business District: Saudi Aramco has a head office for the drilling and maintenance of wells, commercial real estate with offices, restaurants and shops.
– Training Zone: Designed to host 10 specialized training centers in the energy sector to train and develop national executives and meet the needs of investors in the region.
– Residential and commercial area: includes residential complexes, hotel units, health centers and support facilities.
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