Friday, February 21, 2020

Saudi Crown Prince inaugurates King Abdullah Port with Vision 2030

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Prince Mohammed bin Salman bin Abdul Aziz Al Saud, Crown Prince of Saudi Arabia, inaugurated King Abdullah Port project on Monday during his visit to King Abdullah Economic City in Rabigh province.

“The King Abdullah Port was built on the basis of an ambitious vision that the Kingdom of Saudi Arabia realized for a world-class port capable of receiving modern and sophisticated vessels, absorbing the increasing number of goods imports, which is witnessing rapid growth and is characterized by high youth and at the same time absorb the increase in SA exports to world markets.

At present, the concept of King Abdullah Port fully in line with the vision of the Kingdom 2030 launched not depend only on oil but also enhances the competitiveness of Saudi Arabia. ”

The King Abdullah Port is located in the middle of the west coast on the Red Sea in the King Abdullah Economic City, 90 kilometers north of Jeddah, the second largest city in Saudi Arabia.

King Abdullah Port is a key component of the integrated transport network, A market of more than 400 million consumers across the Middle East.

The King Abdullah Port is strategically located on one of the most important international maritime trade routes, close to the re-export zone. King Abdullah Economic City has a major railway station linking King Abdullah Port and King’s City Abdullah in the two Holy Mosques in Mecca and Madinah, in addition to Jeddah, which is the main commercial center in Saudi Arabia. The port is also close to the industrial city Yanbu, which is witnessing a huge commercial movement in the petrochemicals.

King Abdullah Port, the first privately owned, developed and operated port in Saudi Arabia, one of the largest private sector infrastructure projects in the Middle East, was launched in 2010 and has since progressed steadily towards its goal of Is becoming a major hub and a major contributor to strengthening the Kingdom’s regional and international role in trade, logistics and shipping. The port began transshipment operations in September 2013 since then fully operational including import and export activities in January 2014.

King Abdullah Port has been able to significantly enhance its capabilities and is currently achieving significant goals in terms of overall project development and operations. By the end of 2018, the annual production capacity of the port has increased to 2,301,595 TEUs, up 36% over 2017, Thus maintaining the status of the port of the Kingdom’s largest port in terms of container handling.

The berths are 18 meters deep, making it the deepest berths in the world. This depth will be applied to all 30 berths equipped with state-of-the-art cranes in the world, enhancing all port operations of the largest container shipping lines, including the world’s three largest shipping lines: Maersk, MSC, CMA and CGM.

 

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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