The Kingdom of Saudi Arabia has recently announced a new mega-project called King Salman Energy Park, also known as SPARK. The project is located in the Eastern Province of Saudi Arabia, close to the existing oil and gas facilities in the area. The project is part of Saudi Arabia’s Vision 2030, which aims to diversify the economy and increase the contribution of the non-oil sector. King Salman Energy Park is a key element of the Saudi government’s plan to attract investment in the renewable energy sector and create new jobs in the country. The park will offer a range of...
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Businesses That Are Most Likely To Flourish in The Line, Neom
The Line is a planned vertically built, car-free, renewable energy-powered smart city unveiled in 2021 by Saudi Arabia’s Crown Prince Mohammed bin Salman. The width of the city was planned to be 200 meters (656 feet), while the height was planned to be 500 meters (1,640 feet), and the length was planned to be 170 kilometers (105 miles). As its glassy façade stretches along the shore, it will enclose a number of neighborhoods with enough space for up to 9 million people. The Line would be the first city in Saudi Arabia to not use fossil fuels, and it will...
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