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Saudi Arabia Turns to Port Projects as Part of Non-Oil Growth Plan, an Industrial Info Market Brief

Saudi Arabia Turns to Port Projects as Part of Non-Oil Growth Plan, an Industrial Info Market Brief


Attachment: SA ports 0919

Saudi Arabia is focusing on its non-oil businesses in hopes of seeing 3% GDP growth by 2020. Along with other sectors, Saudi Arabia is allocating about $50 million to develop all its existing ports, including Jeddah Port and King Abdullah Port, so they can handle heavier traffic at faster speeds.