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Tue 7 Aug 2012 10:45 AM

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Saudi to spend $164m on upgrading ports

Work will be carried out on terminals in Dammam, Dhiba, Jubail and Yanbu, state news reports

Saudi to spend $164m on upgrading ports
Jeddah Port (for illustrative purposes only).

The Saudi Ports Authority is to spend SAR615m (US$164m) on developing the Gulf state's sea terminals, reported the Saudi Press Agency.

An SAR192m power plant will be developed at King Abdulaziz Port in Dammam to raise power generation capacity from 50 mw to 120 mw in order to meet increasing demand, said authority president Abdulaziz al-Tuwaijri.

A container terminal will be constructed in Dhiba Port at a cost of SAR174m and two further container terminals will be constructed at King Fahd Industrial Port in Jubail at a cost of SAR144m. All of the upgrades will be operational within two years, the official news agency stated.

A SAR104m terminal to service and dock passenger and leisure vessels will also be set up at Yanbu Commercial Port to support tourism to the country.

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