# Emaar Economic City signs SAR 152 million infrastructure agreement for Masarat > Emaar, The Economic City signed an agreement on 13 September 2026 to design, construct and deliver extra utility infrastructure for Masarat Mobility Park at King Abdullah Economic City for SAR 152 million, excluding VAT. - Canonical URL: https://newsverum.com/en/news/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026 - Publisher: Newsverum - Section: Infrastructure - Country: Saudi Arabia - Published: 2026-10-05T09:37:37+00:00 - Updated: 2026-10-07T00:50:01+03:00 - Event / data period: 2026-09-13 - Other editions: [Türkçe](https://newsverum.com/tr/news/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026.md), [العربية](https://newsverum.com/ar/news/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026.md), [Français](https://newsverum.com/fr/news/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026.md), [Español](https://newsverum.com/es/news/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026.md), [Deutsch](https://newsverum.com/de/news/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026.md), [Português](https://newsverum.com/pt/news/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026.md) Emaar, The Economic City (EEC) announced on 14 September 2026 that it signed an Infrastructure Development Agreement on 13 September 2026 with Automotive Solutions Company for Logistics Services (Masarat Mobility Park). EEC will design, construct and deliver the additional infrastructure works required to provide utilities for the Masarat project within the King Salman Automotive cluster in the Special Economic Zone at King Abdullah Economic City. The contractual amount is SAR 152 million, excluding VAT. The parties to EEC’s June 2023 industrial land sale agreements later formed Masarat Mobility Park to develop secondary infrastructure and an industrial logistics hub in the zone. The new agreement follows its request for utility capacity beyond what those agreements contemplated. In an addendum on 15 September 2026, EEC said the works are to be completed within 27 months from the commencement date, which is the business day after EEC receives the full contract sum from Masarat Mobility Park. EEC said the financial impact is expected to be reflected in its results from the third quarter of 2026. It noted that Masarat is a joint venture that includes TASARU Mobility Investments, a wholly owned subsidiary of the Public Investment Fund, which is one of EEC’s major shareholders. ## Data ### Agreement figures Contractual amount and completion period stated in Emaar, The Economic City’s Saudi Exchange announcements of 14 and 15 September 2026. Methodology: The amount is the contractual amount stated by the company, excluding VAT. The 27 months count from the commencement date, which is the business day after the full contract sum is received from Masarat Mobility Park, so the calendar end date depends on that payment. | label | value | unit | period | basis | |---|---|---|---|---| | Contractual amount, excluding VAT | 152 | million SAR | 2026-09-14 | observed | | Completion period from commencement date | 27 | months | 2026-09-14 | observed | Sources: , · Download data: [JSON](https://newsverum.com/api/v1/articles/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026/data/agreement-figures?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/emaar-economic-city-masarat-mobility-park-design-build-infrastructure-september-2026/data/agreement-figures?lang=en&format=csv) ## Sources - [Emaar, The Economic City via Saudi Exchange]() (Source checked: 2026-10-04; Published: 2026-09-14) - [Emaar, The Economic City via Saudi Exchange (addendum announcement)]() (Source checked: 2026-10-04; Published: 2026-09-15) ## Correction history - 2026-10-07T00:50:01+03:00: German and Portuguese editions and translations of the data and correction explanations have been added to this article. --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)