Gulf Cooperation Council Invests $36bn in Port Development | SupplyChainBrain

Gulf Cooperation Council Invests $36bn in Port Development

February 21, 2013

The Jizan Economic City project will also include port infrastructure plans while the northwestern port of Dhiba will get a new $46.4m container terminal. Two additional terminals, valued at $38.4m, are to be constructed at King Fahd Industrial Port in Jubail while Jeddah Islamic Port is forecasting an average increase of 10.9 percent through to 2016.

Qatar's new $7.1bn mega-port project, located close to the busy Messaeid Industrial Zone and port is aiming for a 2016 opening, with eventual capacity of six million TEUs per year by 2028.

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