Project Profile
Ownership & Management
The Dammam Bonded And Re-Export Zone (DBRZ) is situated on a 350,000 M2 site within the confines of the King Abdul Aziz Port complex, it was launched with an initial capital investment of SR 140 M ($38 M ). The project is owned and managed by the Saudi Development And Re-Export Services Company (SDRS),a consortium of: Hutchinson Port Holdings, MACNA and a prominent group of Eastern Province business men led by the SDRS’s chairman, Mr.Khaled ALBawardi.The DBRZ functions on a 30 year privatization lease granted to the company by the Saudi Arabian Ports Authority which commenced in the year 2000.
The Project’s Past & Future
Stage one: The zone was launched with 22 prebuilt warehouses, 6 office suites, a 100,000 M2 paved external storage site, and a 100,000 M2 container storage& handling park.
Stage two of the DBRZ’s expansion saw a number of exciting developments which included a dedicated industrial storage area, a temperature controlled warehouse facility, A 50,000 M2 Auto Storage Zone, and the addition of 10 x 1,000 M2 covered storage sheds for bulk cargo storage & processing. Future plans include a 20,000 M2 multi user warehouse facility operated in conjunction with an international third party logistics partner.
Project Update
January 2011 saw Hutchinson port Holdings & their Saudi Arabian joint venture partner, MACNA, take a majority shareholding stake in SDRS as well assume management control of the project. This will allow The DBRZ to form a strategic alliance with another HPH / MACNA Joint venture, International Ports Services Company, the sole container handling terminal operator at Dammam Port. The operational partnership of IPS & The DBRZ working in conjunction at Dammam Port will offer offer the port’s clients a seamless transfer of cargo between their respective terminals, and an enhanced product range of cargo routing options such as: Import, Export, Trans-shipment, re-export by sea or overland transit by road.
