Saudi GazetteFrom Saudi GazetteAll LogisticsGulf Cooperation Council Invests $36bn in Port DevelopmentThe GCC countries are allocating $36bn to further develop their port infrastructure amid increasing foreign non-oil trade volumes. Saudi Arabia is powering ahead with port infrastructure development with more than $750m allocated to Dammam's King Abdul Aziz Port, which includes the launch of a second high-tech container terminal in 2015 with capacity for 1.8 million TEUs per annum.February 21, 2013Page 1 of 1