Middle East Economic Survey

VOL. LIII

No 51

20-Dec-2010

SAUDI ARABIA

Saudi Ports Authority Signs Contracts For Ras Al-Zour Expansion

Saudi Ports Authority (SPA) Chairman'Abd al-'Aziz al-Tuwaijri signed two contracts on 12 December worth a total of SR435.96mn ($116mn) for the expansion of the Ras al-Zour port on the Gulf. The first contract, valued at SR318.95mn ($85mn) was awarded to China Harbor Engineering Company, for the building of two wharfs, while the second, worth SR117mn ($31mn) was...