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The development of
King Salman Energy Park (SPARK), one of the largest investments in the Eastern
Province, is set to boost sectors of Dammam Metropolitan Area’s (DMA) real estate market and in the long term contribute
to national GDP.
As part of the National Transformation Program, the energy park is estimated to contribute SAR 22.5 billion (USD 6 billion) to the national GDP annually once developed by 2035. The energy hub will boost the downstream petrochemicals sector and will increase the contribution of local content across different industrial sectors.
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16 July 2018