In alignment with the Kingdom’s Vision 2030 and its objectives to drive economic diversification and private sector empowerment, King Salman Energy Park (SPARK), in strategic partnership with Bin Saedan Group, has officially held the groundbreaking ceremony for a new state-of-the-art commercial office development.

The project marks a major milestone in the evolution of SPARK’s integrated industrial ecosystem and represents a significant addition to Bin Saedan Group’s investments in SPARK, exceeding SAR 500 million.

Strategically designed to serve the growing demand from local and global enterprises, the upcoming commercial center will further strengthen SPARK’s position as a premier gateway for regional and international energy companies. The development is set to elevate the City’s infrastructure capabilities while advancing the Kingdom’s strategic aim to attract high-impact investment and foster a globally competitive business environment.

The project will feature flexible, high-specification office layouts, advanced amenities, round-the-clock security, and sustainable design solutions adhering to the highest global energy efficiency standards. This initiative is aimed at creating an optimal environment for innovation, operational excellence, and long-term business sustainability.

Nabil Chaachou, Vice President of Strategy and Business Development at SPARK, remarked: “This groundbreaking reflects our strategic vision to position SPARK as the business destination of choice for the global energy industry. By offering future-ready commercial spaces tailored to the needs of leading enterprises, we are building a dynamic, resilient, and sustainable hub that supports business growth and fuels national development.”

The new commercial development is a cornerstone in SPARK’s broader ambition to establish a holistic, live-work-grow environment that supports talent, innovation, and economic advancement. It also underscores the Kingdom’s continued efforts to build robust industrial clusters that drive localization, job creation, and international competitiveness.

About SPARK:

King Salman Energy Park (SPARK) is a fully integrated industrial ecosystem that serves as a global hub for energy, manufacturing, and logistics services. Strategically located in the Eastern Province, SPARK supports the Kingdom’s long-term economic objectives by attracting global investors, enabling local content, and accelerating industrial innovation.