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Home›Business & Finance›Bright Future for Saudi Ports
Business & Finance

April 7, 2014 · about 12 years ago

Bright Future for Saudi Ports

Under the patronage of the Governor of Madina Province His Royal Highness Prince Faisal Bin Salman Bin Abdul Aziz, the foundation stone will be laid soon for a number of development projects that will be inaugurated in King Fahd Industrial Port Yanbu and in Yanbu Commercial Port in a total cost of m

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Under the patronage of the Governor of Madina Province His Royal Highness Prince Faisal Bin Salman Bin Abdul Aziz, the foundation stone will be laid soon for a number of development projects that will be inaugurated in King Fahd Industrial Port Yanbu and in Yanbu Commercial Port in a total cost of more than $560 million.

His Excellency said that these projects are a part of the Ports Authority’s plan to develop the Saudi Ports and to improve their services confirming that these projects will achieve a quantum leap in the two ports regarding operating capacity and back-up services.

These projects will include construction of a berth for handling general cargo with back areas, construction of a berth for handling unpacked materials with the back-up operating zone, construction of a berth for providing different services and for receiving passenger ships, boats and yachts, deepening of a number of berths in addition to the approach canal and Al Duran Basin, execution of a security system in Yanbu Commercial Port, construction of 6 berths, rehabilitation of the ports infrastructure, construction of 2 multi-function tugboats and deepening of King Fahd Industrial Port entries and berths.

[mappress]

Press Release, April 7, 2014

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