Almost four years after it initially opened for business, Abu Dhabi’s massive Khalifa Port container terminal is to be extended to suit the world’s biggest ships.
Government owned Abu Dhabi Ports that runs the 7 billion dollar terminal, has declared intentions to extend the port’s quay wall with the goal that it can deal with more freight and dig the port to make it two meters deeper.
Abu Dhabi Ports made an announcement that it wanted to assemble 1,000 meters of quay wall, including 600,000 square meters of space for the handling of cargo and develop its primary channel and basin to 18 meters from the present 16 meters.
The organization has made an agreement with the National Marine Dredging Company or NMDC to begin preliminary work on dredging the channels and utilizing this material to fabricate the new quay wall and a yard behind it.
The work, which will include 250 laborers, is expected to be finished in middle of 2018.
“This grand expansion is vital to guaranteeing Abu Dhabi remains a worldwide trade and investment center and to supporting our local enterprises,” said the Mohamed Juma Al Shamisi, Abu Dhabi Ports Chief Executive Officer.
“Building on the latest growth development at Khalifa Port, we are future-proofing our operations to guarantee we can keep on attracting the world’s leading operators to utilize our world class offices that will see Capesize vessels, the biggest in the freight business, directly come into Abu Dhabi port for the first time.”
The extension is included in the massive plans for Khalifa Port, which replaced Abu Dhabi’s 1960s Port Zayed as the city’s prime container port in December 2012 with the ability to carry 2 million containers a year and is anticipated that by 2030, it will have the ability to carry 15 million a year.
It likewise comes only six months after Dubai port operator DP World marked 2 big construction contracts to develop its Jebel Ali mega-port by building a 1.6 billion dollar 4th terminal which is scheduled to be finished by 2018.
A year ago, Abu Dhabi Ports reported that the port took care of 1.5 million TEUs, higher than 1.1 million in 2014.
Khalifa Port serves the Kizad venture, a 417-square-kilometer industrial zone located between Dubai and Abu Dhabi.
In general, the project is expected to be finished in 2030, and the new industrial zone is believed to contribute up to 15% of Abu Dhabi’s non-oil gross domestic product.
UAE’s industrial sector’s performance, according to property dealer Knight Frank, stayed flat in the first half of this current year as occupiers put off new purchases and development necessities on the back of a slowdown in worldwide trade volumes.
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