The Port Authority of Saudi Arabia signed contracts for development and growing of a few ports in the country. The improvements will increase the size and the capacity of the the port King Abdul Aziz Port in Dammam, King Fahd Industrial and Commercial Ports in Yanbu and the Port in Tabuk. The total price of the investment is over 164 millions USD and the project has idea to increase the cargo and cruise capacity of the ports in Saudi Arabia. The press release of Saudi Ports Authority is that one new container terminal in Dhuba and two new terminals in King Fahd port will be constructed during this year. Also new yacht and cruise ships terminal will be created in Yanbu port, which will allow even largest recreation yachts and ships to visit the country. All the investment want to make Saudi Arabia one of the leaders in Persian Gulf in maritime transport and cargo carrying.
Saudi Arabia invest in port developments
