Hyundai wins contract to expand Kuwait’s Al-Shuwaikh port
16 March 2022Hyundai Engineering & Construction has won a $160m contract to develop seven berths at the port of Mina Al-Shuwaikh in Kuwait City, Zawya reports.
It is one of 12 projects approved by Kuwait Ports Authority to expand capacity ahead of an expected upturn in business.
The authority has also awarded contracts for infrastructure and power works at Shuaiba Port in southern Kuwait with a combined value of about $63m.
Mina Al-Shuwaikh is the main manufacturing and industrial area of Kuwait, and is also home to its free trade zone. The port has 21 berths with a total length of a little over 4km.
The contract comes four months after the South Korean company led a consortium that completed the world’s largest LNG import and regasification terminal in Kuwait six-months ahead of schedule. That $2.9bn project was located on Kuwait’s Al-Zour coast.
Related
-
Romania: DRI connects 60 MW Glodeni II solar plant to grid, expands renewable portfolio
19 January 2025
-
Colombia to name winner of $600m rail scheme in March
18 January 2025
-
Samsung set to install modular reactors in southern Sweden
18 January 2025
-
Kuwaiti firm launches $953m Sharjah Al-Tay Hills project
18 January 2025
-
Adnoc Gas selects contractors for fifth Ruwais NGL train project
18 January 2025
-
CEEC Wins Bidding of Multiple Overseas Projects
17 January 2025