Recent News Phase 1 of King Abdullah Economic City port (North of Jeddah) to open in Q3 2013
TRIAL operations of the first phase of the 14-square-kilometre seaport within the King Abdullah Economic City (KAEC), which is being built in Saudi Arabia on a 168 square kilometre site located along the coast of the Red Sea 100 kilometres north of Jeddah, are expected to commence in the third quarter of 2013. The company building the new KAEC project, Emaar TEC, said in a statement to the Saudi stock exchange said that the new port will initially be able to handle up to 1.3 million TEU, reports Dubai's Construction Week OnLine. A company has been established to continue the construction of the port, which will have a throughput capacity of 20 million TEU and occupy a site measuring 20 square kilometre when it is fully developed. More to read at www.seanews.com.t...     (8 days ago, by arnekiel )