Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target | Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target |

King Salman Energy Park (SPARK)

A 50-square-kilometre industrial energy city in the Eastern Province designed to become a global hub for energy-related manufacturing, services, and technology.

King Salman Energy Park (SPARK) — Encyclopedia | Saudi Vision 2030

Definition

King Salman Energy Park (SPARK) is a 50-square-kilometre integrated industrial energy city located between Dammam and Al-Ahsa in Saudi Arabia’s Eastern Province, developed to localize the energy supply chain and attract global energy companies to manufacture and operate within the Kingdom.

Overview

Launched in 2018, SPARK is designed to become a global energy industry hub that localizes manufacturing, services, and technology across the full energy value chain. The park is strategically positioned near Saudi Aramco’s core operations, Saudi Arabia’s petroleum corridor, and the King Abdulaziz Port in Dammam, providing logistics advantages for both domestic supply and international export.

SPARK is structured around four zones: an industrial manufacturing zone, a logistics zone (including a dry port and bonded warehouse facilities), an energy industry zone for services and technology companies, and a residential and commercial zone for the workforce and their families. The park offers tenants modern infrastructure, regulatory streamlining through a single-window licensing process, and access to Saudi Arabia’s vast energy industry customer base.

The development is managed by a dedicated company and operates under a framework designed to maximize In-Kingdom Total Value Add (IKTVA) — Saudi Aramco’s programme requiring suppliers and contractors to increase the proportion of goods and services sourced from within Saudi Arabia. Major international energy service companies have signed agreements to establish manufacturing and operations facilities within SPARK.

Key Facts

FactDetail
Launched2018
LocationEastern Province (between Dammam and Al-Ahsa)
Area50 km²
ZonesIndustrial, logistics, energy services, residential
Key ProgrammeIKTVA (In-Kingdom Total Value Add)
LogisticsDry port, bonded warehouses
Target SectorsEnergy manufacturing, services, technology
ProximityNear Aramco operations and King Abdulaziz Port

Role in Vision 2030

SPARK supports Vision 2030’s industrial diversification and localization objectives by creating a world-class environment for energy industry manufacturing and services within Saudi Arabia. The park directly advances the NIDLP’s target of increasing manufacturing’s contribution to GDP and the IKTVA programme’s goal of maximizing domestic value creation from the energy sector.

By attracting international energy companies to establish operations in the Kingdom, SPARK promotes technology transfer, creates skilled employment for Saudis, and reduces the Kingdom’s dependence on imported energy equipment and services. The park represents the physical infrastructure layer of Saudi Arabia’s strategy to move up the energy value chain from raw commodity extraction toward advanced manufacturing and services.