ABU DHABI PORTS COMPANY TODAY ANNOUNCED THE AWARD OF AN AED 1.208 BILLION (USD 329M) CONTRACT TO HYUNDAI ENGINEERING AND CONSTRUCTION CO. LTD FOR ITS FLAGSHIP KHALIFA PORT & INDUSTRIAL ZONE (KPIZ) PROJECT.
The agreement includes project management, design, procurement, construction, testing and commissioning of all civil works associated with the construction of the Offshore Terminal Area consisting of a 1000m semi automated container terminal and a 1400m Break bulk / general cargo terminal intended to handle the operations of 2 million TEUs (Twenty Foot Equivalent Units) of containers and 9 million tons of general cargo as an initial capacity. Work is due to begin immediately and is scheduled for completion by Q4 2012 to facilitate the commencement of port operations in 2012.
ADPC Chief Executive Officer, Tony Douglas, commented on his pleasure in announcing another key partner who is committed to delivering a high quality solution, safely, on time and to budget.
Highlights of the contract include:
Located midway between Abu Dhabi and Dubai in the Taweelah industrial district, KPIZ will commence operations in 2012 and over the long term to 2030 will comprise 420 square kilometers of prime industrial land organized into vertically integrated clusters for aluminium, steel, petrochemicals, pharmaceuticals, biotechnology, life sciences, food and beverages, glass, paper and other major sectors. It will consist of a new, world-class multi-purpose offshore port and one of the largest integrated industrial zones in the world.KPIZ is a feature of the Abu Dhabi Vision 2030 and will play a major role in the emirate’s industrial and economic diversification by serving as a key hub for large scale industrial investments serviced by a world class port, transport and other facilities. Phase 1 of Khalifa Port will open in Q4, 2012, replacing Abu Dhabi’s existing main port of Mina Zayed.
The new port will have an initial capacity of 2 million TEUs (Twenty Foot Equivalent Units), of containers and 9 million tons of general cargo.
The dedicated EMAL berth will be operational later this year. When all phases of Khalifa Port are completed, it will have a capacity of 15 million TEU’s of containers and 35 million tons of general cargo.
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