King Salman Energy Park (SPARK) and Integrated Dawiyat have announced a strategic partnership through a concession agreement to start deploying smart city services and enable the fourth industrial revolution environment within SPARK. SPARK is implementing an advanced digital infrastructure to enable the interaction of people and objects and the exchange of data over a fully fiber optic network. This will lay the groundwork for the development of smart industrial services and solutions to allow companies and factories to achieve increased productivity and efficiency to build the most innovative smart city in Saudi Arabia.
President and CEO of SPARK Saif Al-Qahtani said: “One of our key value propositions at SPARK is to provide our investors with a connected, world-class infrastructure built on pioneering innovation and technology to serve as a catalyst that will create sustained growth. Our strategic partnership with Dawiyat is a stepping stone toward achieving our vision and mission, delivering our promise to investors, and reaffirming our commitment in being the best-in-class energy-centric ecosystem.”
This strategic partnership will enable SPARK to maintain its competitive advantage through embracing emerging solutions in the deployment of Industry 4.0 technologies such as the Internet of Things (IoT), while also addressing the challenges of operating in an innovative marketplace with new business models. This will significantly increase productivity, efficiency, safety and sustainability, while providing opportunities for business and employment growth. SPARK is aligning the right partners as it delivers high-quality innovative services using the latest telecommunication and IoT technologies and solutions.
Dr. Ahmed bin Abbas Sindi, CEO of Integrated Dawiyat Company, said: “Dawiyat will provide solutions, including the operation and maintenance of an integrated platform of optical fiber networks and telecommunication towers, enhancing the smart city’s capabilities to drive economic growth. Together we will create a modern, highly competitive industrial environment, allowing the application of modern technologies in the industrial field.”
SPARK aims to be the leading energy-centric ecosystem in the world, offering a foundation upon which the sector can innovate and grow, combining financial stability with operational and infrastructure excellence. SPARK’s readily available industrial project sites offer high-quality infrastructure, which include internal road networks, an advanced network of electric power, water, natural gas, sanitation systems, drainage and the most modern communications network in the Kingdom, all constructed with long-term sustainability in mind.
SPARK spans an area of 50 square kilometers and is being developed with a vision to become the leading gateway to the regional energy sector, providing a complete spectrum of solutions to support business growth in the Kingdom and in the region. It is also the first and only industrial city in the world to achieve silver LEED certification.
SPARK offers infrastructure at international standards for global investors in the oil and gas, refining, petrochemical, power and water production and treatment industries.
Source: https://www.arabnews.com/node/1838736/corporate-news
