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Ras Al Khair: Saudi Arabia’s Industrial Powerhouse

Jassim Karadan

Jassim Karadan

Senior Business Consultant

Saudi Arabia’s Ras Al Khair Industrial City spanning roughly 180 km², 80 km north of Jubail is one of the Kingdom’s most ambitious industrial developments on the Arabian Gulf. As a purpose-built special economic zone, it’s rapidly emerging as a global hub for mining, manufacturing, maritime, and energy industries 

What Makes Ras Al Khair Tick?

1. World-Class Infrastructure

The zone boasts the 2,400 MW Ras Al Khair Power & Desalination Plant, the world’s largest hybrid facility combining multistage flash and reverse-osmosis technologies. Built to sustain industrial-scale demand, it enables robust energy and water supply for adjacent facilities.

2. Major Industrial Clusters

  • Home to Saudi Arabia’s largest integrated aluminum smelter, built with Ma’aden and Alcoa, producing 740,000 tons annually .
  • Hosts phosphate and chemical processing facilities phosphoric acid, sulfuric acid, ammonia, DAP granulation, and co-generation units totaling $5.6 billion with Sabic integration .

3. Maritime & Export Hub

The King Salman Global Maritime Industries Complex, set to be the world’s largest shipyard, is being built here offering a massive berth-based facility to support marine industries 

4. Sustainable Green‑Steel Vision

Vale, a leader in sustainable mining, has reserved land to launch a green‑steel Mega Hub at Ras Al Khair. Projected to produce 12 million tons of cold-briquetted iron (CBI) annually, this venture underlines the city’s strategic role in clean industrial transformation .

5. Compelling Investment Climate

Boasting a 5% corporate tax rate for 20 years, 0% withholding tax on repatriated profits, full foreign ownership, and streamlined setup processes, Ras Al Khair is engineered for investor appeal . . With over SR 130 billion (over $35 billion) invested so far, the zone is already contributing significantly to GDP and generating thousands of jobs 

Why This Matters

Ras Al Khair stands at the intersection of Saudi Vision 2030’s strategic aims: economic diversification, global value-chain integration, and green tech leadership. With heavyweights like Ma’aden, Vale, Sabic, Aramco, and IMI committing billions, the city is no ordinary industrial park it’s Saudi Arabia’s vision for the future, grounded in infrastructure, innovation, and inclusive growth.

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