Royal Inauguration Ceremony of King Salman Global Maritime Industries Complex was held at Ras Al-Khair, Saudi Arabia with the attendance of His Majesty King Salman bin Abdulaziz Al Saud on 29 November.
The ceremony follows up on a MoU on new business opportunities signed between HHI, Bahri, Saudi Aramco and Lamprell last November, and HHI said it plans to establish a joint venture with the parties.
HHI is seeking was to “solidify the cooperation” and an official said: “Once completed, we see the development of the complex will be accelerated through the transfer of HHI’s shipbuilding expertise and shipyard operating know-how.”
“We are pleased to be taking part in the first national industrial project of Saudi Arabia named after His Majesty King Salman bin Abdulaziz Al Saud,” said Chung Ki-sun who is leading the project for HHI.
“We will make our utmost efforts not just to make this occasion an opportunity to serve as a stepping stone for the take-off of our business, but also to make contributions to the economic development of Saudi Arabia.
“We will follow the successful example of the King Fahd Industrial Seaport in Jubail that HHI built about 40 years ago and has been playing a leading role for the development of Saudi Arabia.”
The 4.96m sq m complex will provide not shipbuilding but also ship repair from 2021.
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