CON­STRUC­TION WEEK AWARDS 2018

IN-DEPTH COV­ER­AGE OF THE COM­PA­NIES, IN­DI­VID­U­ALS, INI­TIA­TIVES, AND PROJECTS THAT PROJECTS THAT WALKED AWAY WALKED AWAY WITH TOP HON­OUR ST HIS WITH TOP HON­OUR ST HIS YEAR

Construction Week - - FRONT PAGE -

Saudi Ara­bia’s Crown Prince, HRH Mo­hammed Bin Sal­man, un­veiled King Sal­man En­ergy Park (Spark), a Saudi Aramco megapro­ject, on 10 De­cem­ber, 2018.

Spark is ex­pected to gen­er­ate 100,000 di­rect and in­di­rect jobs and con­trib­ute up to $6bn (SAR22bn) to the king­dom’s gross do­mes­tic prod­uct by 2035, in line with the Saudi Vi­sion 2030 pro­gramme.

Lo­cated be­tween Dam­mam and Al-Ahsa in Saudi Ara­bia’s East­ern Prov­ince, Spark is a three-phase, 50km2 hub for en­ergy, in­dus­tri­al­i­sa­tion, and tech­nol­ogy.

Phase 1 con­struc­tion com­ple­tion on the project is ex­pected to be re­ported in 2021. Once com­plete, Phase 1 of Spark will span 12km2, with in­vest­ments to­talling ap­prox­i­mately $1.6bn (SAR6bn).

Con­struc­tion work on Spark started in Septem­ber 2017, ac­cord­ing to a Saudi Aramco state­ment on 6 De­cem­ber, and en­gi­neer­ing de­signs for the scheme are cur­rently more than half com­pleted. In­vestor plot al­lo­ca­tions were car­ried out in the third quar­ter of 2018.

Spark’s Phase 1 will com­prise gen­eral man­u­fac­tur­ing, in­dus­trial fa­cil­i­ties, a dry port area, a Saudi Aramco well- drilling and main­te­nance area, and a spe­cialised train­ing zone for 10 cen­tres fo­cused on en­hanc­ing Saudi cit­i­zens’ skills. The project also in­cludes res­i­den­tial, com­mer­cial, and recre­ational ar­eas.

At ma­tu­rity, the dry port will have a ca­pac­ity of eight mil­lion met­ric tonnes of cargo, with high lev­els of au­to­ma­tion. The com­ple­tion of Phase 1 will see Spark at­tract more than 120 in­vest­ments, ac­cord­ing to a re­port by SPA.

Spark will be op­er­ated and an­chored by Saudi Aramco, which will build its drilling and work-over head­quar­ters within the city, as well as op­er­ate its pro­cure­ment and sup­ply chain man­age­ment cen­tre from the space. Aramco will de­velop, op­er­ate, man­age, and main­tain the park’s in­fra­struc­ture in part­ner­ship with Modon.

Ac­cord­ing to Spark’s of­fi­cial web­site, the project seeks to at­tract in­dus­trial in­vestors across five ma­jor sec­tors, specif­i­cally the up­stream, down­stream, petro­chem­i­cals, power, and wa­ter and waste­water sec­tors.

In ad­di­tion to the work be­ing car­ried out for Phase 1, also un­der way is the de­vel­op­ment of a re­gional lo­gis­tics zone with cus­toms that will con­nect Spark to the rest of the king­dom, and to the other Gulf states along the re­gion’s planned rail project.

On its Twit­ter ac­count, Spark stated that its first 10 in­vestors and ten­ants in­clude Baker Hughes, a GE Com­pany; Borets; Valvo Spain; Sch­lum­berger; Al Rushed Group; Hal­libur­ton; Emer­son; Uni­ver­sity of North Dakota Aerospace; Oil­fields Sup­ply Cen­tre Ltd; and NESR.

US com­pany Sch­lum­berger signed on as Spark’s first in­vestor in De­cem­ber 2017, Aramco re­vealed in an on­line state­ment ear­lier this month.

SAUDI ARAMCO’S SPARK EN­ERGY CITY UN­VEILED

[im­age: Saudi Aramco].

Saudi Ara­bia’s Crown Prince HRH Mo­hammed Bin Sal­man un­veiled the 50km2 King Sal­man En­ergy Park, dubbed Spark, on 10 De­cem­ber, 2018

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