State-owned Saudi Aramco, the world's largest oil producing firm, is planning to build a digital industries and non-metallic complex at the King Salman Energy Park, known as Spark, a senior Aramco executive has said.

The project is intended to boost industrial activity and attract investment to Spark, said

Ahmad Al Sa'adi, senior vice president of Technical Services in Saudi Aramco.

"We have plans to construct a digital industries and non-metallic complex in the Energy Park...this project is expected to lure in large investment companies from inside and outside Saudi Arabia," he told a recent seminar at the Eastern Chamber of Commerce.

He said small and medium firms would also benefit from this project by partnering with big companies to serve industries in the complex.

Aramco's Vice President and CEO Amin Nasser said investments in Spark, which was opened by Crown Prince Mohammed bin Salman on the Eastern coast in late 2018, have so far totaled nearly $3.5 billion.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

#SaudiArabia #SaudiAramco #Spark #Industrialcomplex

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