Accord signed for 3rd phase of Yanbu port

YANBU, Saudi Arabia, November 10, SPA -- Saudi Ports Authority (SPA)
President Khaled Boubshait yesterday signed an agreement with
Huta-Hegerfeld Company to implement the third phase of developing
King Fahd Industrial Port, a project that consists of building more
wharfs, adding more oil storage capacity and further deepening piers
in order to promote the port’s handling capacity.

The project is expected to last for 15 months. The project will make
Yanbu a large deep-water port that will become the Kingdom’s first to
handle the largest oil tankers.

Another project, valued at SR50 million, will see the construction
of a new administrative building for the port.

Boubshait said the SPA was keen to finish the floating dock project
as well.

“Work will commence on the project very soon,” he said.

Boubshait added that the new ports projects also included the
generation of more electric power at the Jeddah seaport and the
establishment of more ports on the Arab Gulf, including Ras Al-Zour.

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