Yemeni gov't inks pact to build first seaport in Shabwa

Debriefer
2020-11-10 | Since 21 Minute

Shabwa (Debriefer) The Yemeni official government on Sunday signed a pact to build the first seaport in the oil-rich governorate of Shabwa on the Arabian Sea.

Under the pact, the QYZ non-governmental company would implement the 'Qana' seaport's first stage in Rodhoum district, according to the Riyadh-based Saba.

The project's first stage includes the provision of oil floating storage facilities, while the second phase will focus on the erection of oil discharge docks, building 8 strategic tanks with total storage capacity of 60,000 tons, and erection of harbors for commercial activities.

Having inked the pact, Shabwa governor highlighted the need for enhancing the investments and promoting the economic and commercial activity in the southern governorate.

Among the pact's advantages is the fact that the implementing company would build and manage the project whose ownership would later be transferred to the State, Mohamed Saleh Bin Eidio added.


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