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| Project Profile |
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Ownership & Management
The Dammam Bonded And Re-Export Zone (DBRZ) is situated on a
350,000 M2 site within the confines of the King Abdul Aziz
Port complex, it was launched with an initial capital
investment of SR 140 M ($38 M ). The project is owned and
managed by the Saudi Development And Re-Export Services
Company (SDRS),a consortium of: Hutchinson Port Holdings,
MACNA and a prominent group of Eastern Province business
men led by the SDRS’s chairman, Mr.Khaled ALBawardi.The DBRZ
functions on a 30 year privatization lease granted to the
company by the Saudi Arabian Ports Authority which commenced
in the year 2000.
The Project’s Past & Future
Stage one: The zone was
launched with 22 prebuilt warehouses, 6 office suites, a
100,000 M2 paved external storage site, and a 100,000 M2
container storage& handling park.
Stage two of the DBRZ’s expansion saw a number of exciting
developments which included a dedicated industrial storage
area, a temperature controlled warehouse facility, A 50,000
M2 Auto Storage Zone, and the addition of 10 x 1,000 M2
covered storage sheds for bulk cargo storage & processing.
Future plans include a 20,000 M2 multi user warehouse
facility operated in conjunction with an international third
party logistics partner.
Project
Update
January 2011 saw Hutchinson port Holdings & their Saudi
Arabian joint venture partner, MACNA, take a majority
shareholding stake in SDRS as well assume management control
of the project. This will allow The DBRZ to form a strategic
alliance with another HPH / MACNA Joint venture,
International Ports Services Company, the sole container
handling terminal operator at Dammam Port. The operational
partnership of IPS & The DBRZ working in conjunction at
Dammam Port will offer offer the port’s clients a seamless
transfer of cargo between their respective terminals, and an
enhanced product range of cargo routing options such as:
Import, Export, Trans-shipment, re-export by sea or overland
transit by road.
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