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| Project Profile |
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The Dammam Bonded And Re-Export Zone (DBRZ) is situated on a 400,000 M2 site within the confines of the King Abdul Aziz Port complex, it was launched with an initial capitol investment of SR 140 M ($38 M ). The project is owned by the Saudi Development And Re-Export Services Company (SDRS),a consortium of prominent Eastern Province business men led by the SDRS’s chairman, Mr.Khaled ALBawardi, other major shareholders in SDRS include:
Albawardi Group |
Al-Muhaidib Group |
Hassan Abdul Karim Al- Qahtani sons Groups |
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Abdul Latif Al-Issa Group |
Globe Marine Services Co. |
Saudi Pan Gulf |
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The DBRZ functions on a 30 year privatization lease granted to the company by the Saudi Arabian Ports Authority.
Stage one
stage one of the DBRZ’s development consists of 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
Stage two of the DBRZ’s expansion has seen a number of exciting developments during 2007/8, new projects include a dedicated industrial storage zone, a temperature controlled warehouse facility, A 50,000 M2 Auto Storage Zone, and a 10,000 M2 jumbo covered storage shed for bulk cargo.
Future plans include a 20,000 M2 multi user warehouse facility operated in conjunction with an international third party logistics partner.
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