Saudi King Salman Energy Park signs anchor tenants

Saudi King Salman Energy Park signs anchor tenants

Saudi King Salman Energy Park signs anchor tenants By 2035, the park is expected to contribute more than $5.86bln to Saudi Arabia's gross domestic product    Image used for illustrative purpose. A Saudi solar plant is seen in Uyayna, north of Riyadh, Saudi April 10, 2018.  RIYADH: King Salman Energy Park (SPARK), the Dammam-based project backed by Saudi Aramco, added two new anchor tenants on Thursday, the Abu Dhabi National Energy Company (TAQA) and AMCO.President and CEO of SPARK Saif Al-Qahtani said: "SPARK is proud to welcome TAQA and AMCO as they take the first step toward launching their operations. SPARK sits at the heart of the energy market, offering a world-class ecosystem that facilitates the growth of our tenants' businesses and brings sustained value to our wider communities. SPARK is set to be a fully integrated city, bringing together major national and international companies and fuelling economic growth and job creation.“TAQA will expand its local operations with the TAQA Industrial Park at SPARK, including a new facility for oilfield services, a specialist unit for engineering and manufacturing, and a wireline and perforation center of excellence.The facilities will be constructed in two phases starting in the second quarter of 2021,