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THE Saudi Ports Authority (SPA) has signed contracts worth SR1.6 billion ($427 million) towards construction and development projects at various seaports in Saudi Arabia during the current year.
The projects include construction of a power plant at the King Abdul Aziz Port in Dammam, a container wharf at the Dhuba port, two container wharves in the King Fahd industrial port in Yanbu, and a passenger and services wharf at the Yanbu commercial port besides a huge multistorey car-park at the Jeddah Islamic Port. The contracts also include preparation of masterplans for the King Abdul Aziz Port in Dammam and commercial ports in Jubail, Jazan, Dhuba and Yanbu.
The government has spent more than SR40 billion ($10.666 billion) on infrastructure and expansion of ports.
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