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Published: Dec 12, 2010 23:20 Updated: Dec 12, 2010 23:20

JEDDAH: Abdul Aziz Al-Tuwaijri, chairman of Saudi Ports Authority (SPA), on

Sunday signed two contracts worth SR435.96 million for the expansion of Ras Al-

Zour Port in the Eastern Province. Transport Minister Jabara Al-Seraisry attended

the signing ceremony.

China Harbor Engineering Company won the first contract valued at SR318.95

million to build two wharfs while Zamil Marine Services won the second contract

valued at SR117 mil lion to import two tugboats, two guide boats and boat moorings .

Speaking to reporters after the signing ceremony, Al-Seraisry said the two new

wharfs at Ras Al-Zour would be used to handle minerals. There are four other

wharfs in the port. He highlighted the remarkable progress achieved by Saudi ports

during the past few years.

We have been applying modern facilities for handling of goods and releasing

them, the minis ter said. He thanked Custodian of the Two Holy Mosques King

Abdullah and Crown Prince Sultan, deputy premier and m inister of defense and

aviation, for their continuous support to port development projects.

At present we are carrying out a number of new projects valued at SR4.9 billion atSaudi ports. In addition, the private sector has invested about SR5.5 billion for

development and operation of ports, the minister told reporters.

During the first nine months of this year, Saudi ports have handled more than 113.17

million tons of goods, registering 7.6 percent increase com pared to the same period

last year when they handled 105.19 million tons. During the same period, imports

rose by 18 percent while the number of containers increased by 22 percent to 3.97

million.

Transshipment containers rose by 46 percent in 2010 reaching 1.27 million

containers against 873,225 containers last year.

He s aid Saudi Ports Authority's revenues during the past nine m onths amounted to

SR2.15 billion against SR2.07 billion in the previous year. He s aid actual operation

of the Red Sea Gateway Terminal at Jeddah Islamic Port started in the beginning of

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Abdul Aziz A l-Tuwaijri, president of Saudi Ports A uthority, signs a contrac t w ith China Harbor Engineering Co., in the presence

of Transport Minister Jabara Al-Seraisry , center, in Riyadh on Sunday. ( SPA)

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this year. Jeddah port has an annual capacity of 1.5 million containers.

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