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CHEC wins US $230mn Jeddah deal

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Saturday, 01 December 2007

China Communications Construction Company Forth Harbor Engineering (CHEC) has won a contract worth US $230 million (AED 840 million) for the construction of the container terminal at Jeddah Port in Saudi Arabia.

According to a statement on the company's website, construction will begin at the start of January 2008 and is expected to take 22 months.

The client is the Saudi Trade & Export Development Company (Tusdeer).

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The project will involve the construction of two gravity container terminals, a 300,000m2 back stack yard and dredging engineering.

The terminal will also be equipped to accommodate the biggest and latest container vessels under design, and will include a handling and storage area covering about 400,000m2.

An investment of $443 million has been earmarked to increase the capacity of the Jeddah Port by 45%. The project will help to maintain Jeddah's lead as the hub port of the region.

Dredging work on the project began a few months ago, with work expected to take around three years to complete. The new container terminal, which is being built on reclaimed land along the re-export zone in Jeddah International Port, is expected to handle up to two million twenty-foot-equivalent units (TEUs) of containers annually.

The terminal is also expected to contribute to the planned Land Bridge, creating a fast and efficient land-based link from the Red Sea to the Gulf.

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