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 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