The Saudi Ports Authority (Mawani) has signed a contract with Singatac Arabia to establish a manufacturing centre for offshore structures and platforms at Ras Al-Khair Port, serving the oil and gas industry.
The project includes the construction of warehouses for finished parts, as well as the provision of specialised equipment, welding systems, and cranes to meet the requirements of offshore projects involving marine platforms and structures.
The project carries an investment value of SAR 139 million ($37 million) and covers an area of 100,000 square metres.
The contract was signed by the President of the Saudi Ports Authority, Eng. Suliman bin Khalid Al-Mazroua, and Tan Soon Kiong, Chairman of the Board of Singatac Arabia, in the presence of the Ambassador of the Republic of Singapore to the Kingdom, S. Premjith, along with a number of officials.
The project is expected to create more than 500 direct and indirect jobs, contributing to the development of national talent, strengthening the operational capabilities of Ras Al-Khair Port and value-added services, increasing the port’s handling capacity, supporting economic and development activity, and enhancing the contribution of exports to the national economy.
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The contract represents a pivotal step in infrastructure development, reflecting a strategic orientation towards investment in advanced maritime industries.
Ras Al-Khair Port is distinguished by its strategic location and its ability to efficiently handle various types of cargo.
The port comprises 14 berths with a handling capacity of 35 million tonnes, spans an area of 23 kilometres, is connected to mining sites via a railway line, and serves as a key gateway for exporting companies’ products to global markets.
For more information:
Saudi Ports Authority (Mawani) – https://mawani.gov.sa/
