CLEAN : Desert industrial city points to Saudi economic future

The video discusses a project in Saudi Arabia, highlighting its excellent performance compared to other refineries. It covers the project's history, including its beginnings in 2007 when the area was largely uninhabited except for camels. The video explains the development of necessary infrastructure for phosphate extraction, which has been present for millions of years. It also addresses market challenges, emphasizing the customer-centric nature of the commodity and competition from China and other regions. The project aims to expand globally, leveraging strong regional positioning.

What was the status of the area in 2007 as described in the text?

What is the significance of the project mentioned in relation to Saudi Arabia?