A joint-venture company, Saudi Global Ports LLC (SGP), formed between the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and PSA International (PSA) has been awarded the concession to develop, operate and manage the second container terminal in the King Abdul Aziz Port in Dammam, a key gateway port on the Arabian Gulf.
When the new SGP terminal is fully built up and developed, it will have a quay length of 1,200 metres and 12 quay cranes, with a design capacity of 1.8 million TEUs per annum.
“We welcome PSA International as a new, strong private sector partner in rendering internationally leading port services for the Middle East’s biggest economy,” said H.E. Abdul Aziz Al-Tuwaijri, President of the Saudi Ports Authority.
Dammam represents PSA International's first port infrastructure project in the Kingdom of Saudi Arabia and the Middle East Gulf. The King Abdul Aziz Port in Dammam is the largest Gulf port in the Kingdom of Saudi Arabia.
When the new SGP terminal is fully built up and developed, it will have a quay length of 1,200 metres and 12 quay cranes, with a design capacity of 1.8 million TEUs per annum.
“We welcome PSA International as a new, strong private sector partner in rendering internationally leading port services for the Middle East’s biggest economy,” said H.E. Abdul Aziz Al-Tuwaijri, President of the Saudi Ports Authority.
Dammam represents PSA International's first port infrastructure project in the Kingdom of Saudi Arabia and the Middle East Gulf. The King Abdul Aziz Port in Dammam is the largest Gulf port in the Kingdom of Saudi Arabia.