RIYADH: Saudi Arabia’s King Salman Energy Park and China’s Dalipal Holdings have signed a 25-year lease as part of a $2.1 billion deal to build an advanced energy equipment manufacturing base in the Kingdom. The project’s first phase is expected to involve an investment of about $600 million, with the facility spanning 1.03 million sq. metres within SPARK, the Saudi Press Agency reported. Dalipal International for Industry Co., a wholly owned subsidiary of Dalipal Holdings, will develop the si

Source: Arab News