Saudi Arabia allocates SR 1.89bn for Ports Authority budget
- Saudi Arabia: Thursday, January 17 - 2013 at 04:49
Saudi Ports Authority (SPA) has announced some SR1.89bn has been allocated to boost its budget in the fiscal year of 2013-14, Arab News has reported. Of the total, SR1bn were allocated for projects in Ras Al-Khair Port, including construction of new berths, expansion and the deepening of a basin, while another SR70m was earmarked for the construction of a power plant and infrastructure projects in Yanbu Commercial Port. SR100m was earmarked for the supply of new equipment and development of a sewage network at King Fahad Industrial Port in Yanbu, SR65m and SR80m for upgrading berths and facilities at Jubail Commercial Port and Jeddah Islamic Port, respectively, the SPA said.
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