Saudi Ports signs SR500m contracts

Author: 
ARAB NEWS
Publication Date: 
Mon, 2012-03-05 01:49

Among these contracts, three are for King Abdul Aziz Port in Dammam where two wharfs will be established to handle bulk goods at a cost of SR170 million. The contract was won by Huta Hegerfeld Saudia, an official SPA statement said.
An SR53 million contract has been signed with Al-Balagha Trading Group to rent King Fahd Shipyard at the port for 10 years. "This contract will help King Abdul Aziz Port to attract more shipping lines," the SPA said. The third contract worth SR94 million is to carry out cleaning and maintenance of the port for three years.
Two contracts were signed for King Fahd Industrial Port in Yanbu where a new wharf will be constructed at a cost of SR129 million for Yasref refining company to export petroleum products. China Harbor Engineering Co. won the contract.
The second contract worth SR33 million to build a 109-meter high marine tower was received by Advanced Contracting. The tower, which is designed to house administrative offices and operation room will improve the level of marine safety at the port.
The Jazan Port received an SR60 million contract to develop its electricity power network and the project will be carried out by Ibn Omaira Establishment.
Two wharfs will be constructed at Dhuba Port at a cost of SR24 million by Marine Service Projects Co. An asphalting and lighting project will be implemented at the port by Saudi Al-Tarees for Trade, Industry and Contracting at a cost of SR19 million.
Speaking to reporters after the signing ceremony, Al-Seraisry thanked Custodian of the Two Holy Mosques King Abdullah for his support for the development of seaports. He disclosed plans to link the Kingdom's seaports with a railway system.
In his statement, Al-Tuwaijri said a number of projects worth SR4 billion are being implemented at seaports in various parts of the Kingdom. "In addition, new projects valued at SR1 billion approved by the current budget will be implemented shortly."
 

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