King Salman Global Maritime Industries Complex
The King Salman Global Maritime Industries Complex is a shipyard in Ras Al-Khair, Saudi Arabia that is under construction and planned to open in late 2018. Upon completion, it will be the largest shipyard in the world.[1] Development of the facility began in November 2015, when Saudi Arabian oil and gas company
Royal HaskoningDHV and Hyundai Engineering & Construction were awarded a design contract for the facility in October 2016,[1] and the ceremonial groundbreaking took place on 29 November 2016,[4] although the first major construction contract, for dredging on site preparation, was not signed until May 2017.[5] In November 2017, Saudi Aramco awarded China Power Construction Group a $3 billion contract to build the shipyard facilities.[6] Total construction costs are estimated to be about US$4.3 billion.[4] The complex is scheduled to open in stages from late 2018 through 2022, when it will reach full capacity.[4] When complete, the facility is estimated to increase the gross domestic product of Saudi Arabia by $17 billion, while decreasing the country's imports by $12 billion and supporting 80,000 jobs nationally.[1]
The facility will be about 4.96 square kilometres (1,230 acres) in area, with several dry docks and at least 15 separate piers.
See also
- List of things named after Saudi Kings
References
- ^ a b c d "New Saudi Arabia Shipyard to be 'World's Largest'". Marine Link. 11 October 2016. Retrieved 13 May 2017.
- ^ "Saudi Aramco, HHI to Develop Maritime Yard in Saudi Arabia". World Maritime News. 13 November 2015. Retrieved 13 May 2017.
- ^ a b "Bahri, Partners Step Closer to Set Up Maritime Yard in Saudi Arabia". World Maritime News. 1 June 2016. Retrieved 13 May 2017.
- ^ a b c d "Saudi Arabia Lays Foundations for USD 4.3 Billion Maritime Complex". World Maritime News. 1 December 2016. Retrieved 13 May 2017.
- ^ "Aramco awards first major contract for King Salman International Complex for Maritime Industries project". Saudi Gazette. 25 May 2017. Retrieved 22 February 2018.
- ^ "Diverse projects broaden Gulf maritime market". The Motorship. 21 December 2018. Retrieved 29 December 2018.
- ^ "Hyundai Heavy Industries Enters Saudi Joint Venture". Maritime Executive. 5 July 2017. Retrieved 22 February 2018.
- ^ "Saudi maritime joint venture starts work". Oil and Gas Journal. 2 January 2018. Retrieved 18 March 2018.