Saudi Arabia’s Port of NEOM open for business
The Port of NEOM, described as the primary seaport of entry to the northwest of Saudi Arabia and which now incorporates Duba Port, is up and running.
The development of the Port of NEOM, located in Tabuk Province, Saudi Arabia, is progressing with over SAR7.5 billion ($2.025 billion) invested so far. The port is set to play a crucial role in supporting the development of NEOM, a futuristic city project spanning an area of 26,500 square kilometers, which is larger than Singapore. It will serve as a primary entry point for goods and materials required for the city’s construction.
Contracts for various aspects of the port’s development, including design, dredging, quay wall construction, and cargo handling equipment, have recently been awarded. International port consultant Jacobs, along with sub-consultants Moffatt and Nichol, IGO, and Trent, have been engaged to oversee the design of terminals, warehousing, rail delivery, infrastructure, and a sustainable energy network.
Boskalis from the Netherlands and BESIX from Belgium-France are the first European contractors involved in the project. They have been awarded a design-and-build contract worth more than SAR2 billion ($540 million).
Furthermore, contracts for crane and container equipment have been awarded, with Saudi Liebherr Company Ltd securing contracts for ten mobile harbor cranes, and Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) winning contracts for ship-to-shore gantry cranes, electric rubber-tyred gantry cranes, and automated rail-mounted gantry cranes. These contracts are collectively valued at over SAR1 billion ($270 million), and ZPMC will collaborate with Siemens Europe for the supply of automation components.
The first container terminal is expected to commence operations at the beginning of 2025. Sean Kelly, the Managing Director of Port of NEOM, emphasized the port’s significance in facilitating NEOM’s overall development, operations, and economic ambitions. It will serve as a global port, supporting the import of goods and materials during the development phase and catering to businesses across NEOM.
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