Value parks to boost chemical clusters development in Saudi Arabia: official

Value parks act as the main catalysts for the chemical clusters development, integrating Saudi Arabia's full value proposition for chemical investors, said Dr. Aabed Al-Saadoun, Deputy Minister for Company Affairs, Ministry of Energy, Industry and Mineral Resources.

“The value proposition of these value parks is world-class infrastructure, competitive access for raw and other materials, zone-specific incentives, and supporting enablers such as financing facility,” Al-Saadoun added in his keynote speech at the 13th annual GPCA Forum in Dubai.

He also pointed out chemicals to be an important stepping stone for industry diversification in the Kingdom.

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