Abu Dhabi Ports has allocated AED1bn ($272m) for upgrading the Port of Fujairah.
The investment will be allocated to upgrade the infrastructure, super infrastructure and equipment at the port, the company said on 23 September when it marked the formal opening of the port’s commercial operations under the management of Abu Dhabi Ports.
The terminal was previously managed by Dubai’s DP World.
Abu Dhabi Ports formed an operating arm, Fujairah Terminals, to manage and operate the port under a 35-year concession agreement.
The first contract for the port’s upgrade, for the deepening of the port berths to 16.5 metres, the development of a 1 kilometre quay and a 300,000 square metre storage yard, is due to be released soon.
Abu Dhabi Port CEO Mohamed Juma Al-Shamisi told MEED in July that they expect to bring the container capacity of the Fujairah port to between 1 and 1.5 million twenty-foot equivalent units (TEUs) annually and increase the general cargo capacity to 700,000 to 800,000 tonnes annually.
The Middle East subsidiary of US-based Perma-Pipe, which manufactures pre-insulated piping and leak detection systems for district cooling and heating, has signed a memorandum of understanding (MoU) with Fujairah Terminals.
The agreement entails the provision of logistics support to help streamline Parma-Pipe’s operations.