Across the Kingdom, various future projects are expanding rapidly toward a bright and prosperous tomorrow. Far from the dry language of numbers, once completed, these projects will be life changing throughout the Kingdom. Some may even shift the map of economy for the entire region.
King Salman Energy Park (SPARK)
SPARK strives to be a prominent and an integrated global energy industrial center, relying on innovation, cooperation, and a strong governance. It will become a viable 21st century ecosystem in the energy sector — constituting a vibrant international industrial community.
SPARK is expected to provide a huge impact on the national economy, providing jobs and Saudizing industrial sectors Kingdomwide.
This new city will cement the Kingdom’s global position as a regional and international center for innovative and exciting experiences in the fields of entertainment, sports, and arts.
Visitors will be able to enjoy over 300 leading entertainment and educational facilities across several unique sectors, including theme parks, sports facilities, leading training academies, and a number of historical, cultural, and educational activities and events.
Contributing to the growth and diversification of income to the national economy, Neom is a key part of the Kingdom’s endeavors to enhance its leadership position globally. Although the Kingdom has been financing and leading this project since its inception, it is a global project with various investors around the world.
The methodology of Neom is based on innovative thinking and new solutions — building an economy and a society linked to the future.
Red Sea Project
A luxurious tourism project, which strives to preserve a sustainable nature within the region, protect its cultural heritage, and enhance its tourism potential. With an archipelago of over 90 islands and a picturesque nature with mountains, canyons, dormant volcanoes, and deserts, it provides a set of exclusive experiences for tourists worldwide — placing the Kingdom in a prominent position on the global tourism map.
Another goal is to strengthen the partnerships between public and private sectors, open ways for business owners and young entrepreneurs, and lead to parallel development paths, such as airports, ports, road networks, and housing sectors — constituting a qualitative leap in the economical, tourism, and investment fields.
Amala is a tourist destination on the Red Sea Coast, which strives to establish an entirely new concept of luxury tourism focused on recovery, health, and treatment. It presents an unprecedented level of luxury hotels and private villas, and follows a distinctive design that reflects high taste. With a contemporary art village, Amala will provide a unique experience for resident artists, guests, and academics specializing in the arts.