Saudi Ports Authority signs contracts totalling SR 615 million to develop and maintain country’s ports, Authority agreed a further SR 500 million worth of contracts earlier this year.
Saudi Ports Authority continues to invest in development of Saudi ports
The Saudi Ports Authority (SPA) yesterday agreed contracts totalling SR 615 million to aid in the development of several of the country’s major ports, including the King Abdul Aziz Port in Dammam, Tabuk’s Dhuba Port, Yanbu’s King Fahd Industrial Port, and the Yanbu Commercial Port.
Speaking to Arab News, SPA president Abdul Aziz Al-Tuwaijri said that among the contracts agreed upon by the authority was for the build of a new SR 174.46 million container wharf in Dhuba, and a further two wharfs in the Port of King at a cost of SR 144.38 million.
In addition, a new berth will also be established in Yanbu Port, at a cost of SR 103.97 million, which will be used by cargo vessels, recreation boats and yachts.
“This wharf at Yanbu Commercial Port will be constructed in cooperation with the Saudi Commission for Tourism and Antiquities to promote domestic tourism,” said Al-Tuwaijri.
“An electricity power station will also be set up at the Dammam Port at cost of SR 192.3 million to raise power generation capacity from 50 to 120 megawatts to meet the port’s development requirements,”
Al-Tuwaijri added that he hoped the new projects would significantly improve the performance of Saudi ports.
Earlier this year, the SPA signed a further SR500 million worth of contracts for the development and maintenance of Saudi ports.
Three contracts were awarded for the King Abdul Aziz Port, the second largest port in the Kingdom of Saudi Arabia, including the build of two new berths for the handling of bulk cargo, at a cost of SR170 million, by Huta Hegerfeld Saudia.
The Al-Balagha Trading Group also agreed a SR53 million contract at the port to rent the King Fahd Shipyard for a period of ten years, while a third contract, at a cost of SR94 million, was granted for the cleaning and general maintenance of the port for three years.
Source: Port Technology