Procurement News Notice |
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| PNN | 37930 |
| Work Detail | The container terminals will be built at the King Abdulaziz Port in Dammam The Saudi Ports Authority (Mawani) has announced the laying of the foundation stone for upgrading and developing two container terminals at King Abdulaziz Port in Dammam under the Build-Operate-Transfer (BOT) concession signed with Saudi Global Ports (SGP) valued at over $1.9 billion. The project is set to take the national maritime regulator a step closer to realising its Saudi Vision 2030-inspired roadmap centred around optimising port operations and modernising infrastructure. This will build a booming and sustainable maritime ecosystem while fulfilling the aspirations of the National Transport and Logistics Strategy (NTLS) to position the Kingdom as a global logistics destination connecting three major continents. The concession will work on refurbishing berths and facilities across the Port’s first container terminal besides expanding berths and overhauling the container yard within the second container terminal to enable the Arabian Gulf hub to handle giant containerships. The development works will also add a custom-built sandbox to test cutting-edge technologies and conceptualise new processes before going online. |
| Country | Saudi Arabia , Asia |
| Industry | Construction |
| Entry Date | 12 Jan 2023 |
| Source | https://www.constructionweekonline.com/projects-tenders/mawani-develops-2-container-terminals-worth-1-9bn |
