UAE's flagship Khalifa Port to get $1bn upgrade - Arabianbusiness:
Abu Dhabi Ports has announced plans for a AED3.8 billion ($1 billion) expansion of its flagship Khalifa Port.
Khalifa Port, situated halfway between Abu Dhabi and Dubai, was officially inaugurated on December 12, 2012, by UAE President Sheikh Khalifa bin Zayed Al Nahyan, state news agency WAM reported on Wednesday.
Seven years later, an investment of AED2.2 billion will be made in the development of South Quay and Khalifa Port Logistics, as well as a AED1.6 billion expansion at Abu Dhabi Terminals.
The South Quay development, which will be completed by the first quarter of 2021 comprises a 3km quay-wall with 18.5 metres alongside draft for general cargo, ro-ro and bulk usage. It will also include eight berths and 1.3 million square metres of the terminal yard.
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