Hutchison Ports, Saudi Arabia inaugurate Port of Jazan

Hutchison Ports, Saudi Arabia inaugurate Port of Jazan

Prince Mohammed bin Nasser bin Abdulaziz, the Governor of Jazan Region, has inaugurated the Port of Jazan City for Primary and Downstream Industries (JCPDI) in cooperation with Hutchison Ports.

The total existing investments at JCPDI sum to about SAR 88 billion ($23 billion), although the city still under construction.

The President of the Royal Commission for Jubail and Yanbu, Eng. Khalid Al-Salem, said the port consists, in its first phase, of three industrial berths, a single-point mooring that provides services to Saudi Aramco Refinery, three commercial berths for handling containers, and storage yards with special areas for storing and monitoring refrigerated containers.

The port has a berth with a depth of 16.5 metres, able to welcome fifth generation ships with a capacity of more than 21,000 TEU.

The JCPDI Port plays a key role in enabling logistical services in the Kingdom and the region and will massively contribute to the attraction of investments and creation of job opportunities, according to the Minister of Industry and Mineral Resources, Bandar Al-Khorayef.

Hutchison Ports signed an agreement to invest in and operate JCPDI Port in early 2021.

Charlie Darazi, Hutchison Ports Jazan CEO, mentioned that the port will be equipped with the latest remote-controlled cranes for both bulk and container operations.

“We have been in Saudi Arabia for 22 years, and it is a very important market for Hutchison Ports,” added Eric Ip, Group Managing Director of Hutchison Ports.

“Today’s ceremony marks a new chapter for us in the Kingdom and we look forward to working closely with the Royal Commission to make Hutchison Ports Jazan a success and help JCPDI reach its full potential and contribute to the Saudi Vision 2030.”

In August, Hutchison Ports inked two concession agreements with the Egyptian Government to operate the container terminals in Ain Sokhna Port and El Dekheila Port.

Total investment for the initial operations of the two projects is approximately $700 million, bringing Hutchison Ports’ total investment in Egypt to over $1.5 billion, according to the company.

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