Jubilee Port Development project
$30 million is spent on new equipment and other assets to improve production capacity in the Jubail Commercial Port, the Gulf Shipping and Unloading Contracting Company are supervised by the Saudi Arabian Arm, and up to 14 million square feet of booking and training for Saudi youth in key positions are included in the new project. And the restoration of the port IP system would boost Jubail's export and import activities (these are estimated to contribute more than $100 million to Jubail's GDP).
New facilities including three Super Post Panamáx Quay cranes, five inflatable bridges, and eighteen cooling bridges have increased the port capacity by as much as 1 million equivalent 20 feet (TEUs) and have helped the port manage the bulk of the container export market. The port also has an additional 1 million. Prepare for future growth in polymer expansion and general imports for the petroleum and gas sector in the county equivalent.
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