Saudi Arabia, 24 January 2023: King Salman Energy Park (SPARK), the leading energy industrial ecosystem and the largest in the MENA region, celebrated the groundbreaking of the new regional manufacturing hub for Emerson, the global technology, software and engineering powerhouse. The groundbreaking ceremony was attended by Lal Karsanbhai, CEO of Emerson, Vidya Ramnath, President of Emerson Middle East and Africa, and Nabil Chaachou, VP Strategy & Business Development of SPARK.
Emerson manufacturing hub in SPARK will be completed in 2024 and will manufacture control and safety systems, measurement solutions, control valves, pressure regulators, and industrial solenoid valves. In alignment with SPARK sustainability agenda, the hub will be developed using sustainable construction techniques and technologies to minimize the impact on the environment.
Speaking on the occasion, Nabil Chaachou, VP Strategy & Business Development of SPARK said: “We are pleased with Emerson’s investment in SPARK and their trust in our ecosystem’s unique value proposition. Our partnership with Emerson is another step in our commitment to championing the localization of the value creation through dedicated industrial development that contributes to the local GDP, generates job opportunities, and supports socioeconomic advancement in the Kingdom. With a city that was master planned to seamlessly intertwine industrial areas with vibrant residential, educational, and commercial areas, we look forward to being the preeminent integrated global energy and industrial hub in the region and beyond.”
“We are very excited as we break ground for one of our most significant investments in the Middle East & Africa region. Our presence at King Salman Energy Park will further enhance our significant local footprint and capabilities. Emerson is committed to support the objectives as laid out by Vision 2030 and critical localization programs such as IKTVA. Our manufacturing hub in SPARK represents the next step in our journey as a strategic partner contributing towards value chain localization and local talent development as we gear up for significant growth across the Kingdom and the wider region” said Hussein Zein, Vice President and General Manager of Emerson Saudi Arabia & Bahrain
The hub will increase the manufacturing of energy-related products in Saudi Arabia, reinforcing the Kingdom’s localization efforts in line with Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) program and the wider Vision 2030.
About King Salman Energy Park (SPARK)
King Salman Energy Park (SPARK) is a fully integrated industrial ecosystem in the heart of the energy market. SPARK spans an area of 50 square kilometers and is being developed with a vision to become the leading gateway to the regional energy sector, providing a complete spectrum of solutions to support business growth in the Kingdom. SPARK is also the first and only industrial city in the world to achieve silver LEED certification.
SPARK offers infrastructure at international standards for global investors in the oil & gas, refining, petrochemical, power and water production and treatment industries.
Execution is planned over three phases; with the first phase being nearly complete, which consists of infrastructure, roads, utilities and real estate assets established across 14 square kilometers. This is in addition to a dedicated three-square kilometers dry port and logistics zone.
Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the world’s essential industries. Through its leading automation portfolio, including its majority stake in AspenTech, Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals. For more information, visit Emerson.com.
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