King Salman Energy Park
Now this is a power play. The SAR6 billion King Salman Energy Park (known as Spark) is a global energy technology hub that will include factories, workshops and a railroad port, along with residential, educational and commercial areas. The megaproject puts a heavy focus on sustainability, with the first phase of the 50-square-kilometer (19-square-mile) development obtaining LEED silver certification—making Spark the first industrial city in the world to do so. The site will be operated and anchored by Saudi Aramco in partnership with the Saudi Authority for Industrial Cities and Technology Zones. And it’s already attracting local and international industry investors: Abu Dhabi National Energy Co. (known as Taqa) and the Saudi energy consulting firm Amco signed tenant deals in March.