CHEC Bags Hel Port Expansion Deal (Saudi Arabia)
The contract for the Hel Port Expansion Phase IV Project was signed on February 4th during a ceremony held in Tulav, Saudi Arabia.
The General Manager of Saudi Arabia Regional Management Center, Dai Zhanping, signed the contract on behalf of CHEC.
The total amount for the project is over USD 200 million, with a time limit of 31 months.
The signing of the contract marks the official launch of this development program.
Hel Port Expansion Phase IV Project is a part of the large Vadi – Eyre – Shamar Urban Development Project.
Press Release, April 3, 2014