The Saudi Ports Authority “Mawani” has signed a contract with Singatac Arabia to establish a manufacturing center 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 specialized 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 and covers an area of 100,000 square meters.
The contract was signed by H.E. President of the Saudi Ports Authority, Eng. Suliman bin Khalid Al-Mazroua, and H.E. Mr. Tan Soon Kiong, Chairman of the Board of Singatac Arabia, in the presence of H.E. the Ambassador of the Republic of Singapore to the Kingdom, Mr. S. Premjith, along with a number of officials.
This contract reflects Mawani’s efforts to reinforce the Kingdom’s standing as a global logistics hub, in line with the objectives of the National Transport and Logistics Strategy, and to support regional and international supply and distribution chains.
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.
The contract represents a pivotal step in infrastructure development, reflecting a strategic orientation toward investment in advanced maritime industries. It also enhances the competitiveness of the Kingdom’s ports at both regional and international levels, in alignment with the goals of Saudi Vision 2030 to empower Saudi talent, expand the base of industries linked to the maritime economy, and support the adoption of the latest technologies in the maritime and ports sector.
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 tons, spans an area of 23 kilometers, is connected to mining sites via a railway line, and serves as a key gateway for exporting companies’ products to global markets.
