| Also Known As |
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Mina Zayed Port, KPIZ |
| Country |
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UAE |
| Project Value |
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USD 24,000,000,000 Estimated |
| Sector |
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Infrastructure | Ports |
|
Consultants |
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EIA Consultants
(Master plan) |
Han Padron Associates
(Master Plan - Offshore) |
Mouchel Parkman
(Detailed design) |
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PMC |
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Bechtel Corporation
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| Profile Type |
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Master Project
|
| Associated Projects |
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Contract Package (4) |
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Phase: Construction - Execution
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Completion: 2030
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| Owner |
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Abu Dhabi Ports CompanyAbu Dhabi Ports Company - UAE
|
| Location |
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Taweelah, Abu Dhabi, UAE
|
| Contract Type |
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EPC - Engineering, Procurement, Construction |
| Payment Terms |
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Lump Sum Turnkey (LSTK) |
| Facility Type |
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Industrial zone and port |
| Capacity |
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22 million TEU 35 million t of cargo 30,000 residents |
|
| Background |
Abu Dhabi Ports CompanyAbu Dhabi Ports Company (ADPCADPC ) plans to develop Khalifa Port and Industrial Zone (KPIZ) at Taweelah, Abu Dhabi, UAE. The purpose of the project is to cater for a number of industrial clusters, including base metals, heavy machinery, transport vehicle assembly, chemicals, shipyards, building materials, processed foods and beverages, light manufacturing and assembly, small and medium enterprises, trade and logistics, information and communication technology, alternative energy and others. The Port and the Industrial Zone will be developed separately. The Khalifa Port will be developed in 5 phases and will include a container handling terminal and piers for raw and bulk cargos. The Port will replace Abu Dhabi's largest existing port, Mina Zayed by 2012. The Mina Zayed port will then be redeveloped into a residential and commercial area. Khalifa Industrial Zone will be developed in 2 Areas (A and B). It will comprise of free zones, offering 100% foreign ownership to companies and individuals. Bechtel CorporationBechtel Corporation is the PMC. Han Padron is the master plan consultant for the offshore work. EIA is the master plan consultant for the onshore work. Arab Centre Engineering Service (ACES) is working on the onshore geotechnical investigations. Mouchel Parkman is the detailed design consultant for the onshore port facilities. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| Q2 2012 |
Completion | Onshore port facilities expected to be completed | | Aug 2012 | Completion | Offshore terminal expected to be completed | | H2 2012 | Completion | Area A of Khalifa industrial zone is expected to be completed | | 2013 | Completion | Phase 1 expected to be completed | | 2030 | Completion | Project expected to be completed
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| Latest Events |
In December 2011, the construction of the offshore terminal was ongoing. In Q2 2012, the onshore port facilities are expected to be completed. In August 2012, the offshore terminal is expected to be completed. In H2 2012, area A of Khalifa industrial zone is expected to be completed. In 2013, the first phase of Khalifa port is expected to be completed. In 2030, the overall project is expected to be completed (delayed from 2028). |
| Previous Events |
In October 2011, earth works by Ghantoot Transport and General Contracting EstablishmentGhantoot Transport and General Contracting Establishment for Area A of Khalifa Industrial Zone were completed. In June 2011, the construction works were ongoing. In October 2010, the infrastructure contracts of area A of Khalifa industrial zone were awarded to Consolidated Contracting Engineering and ProcurementConsolidated Contracting Engineering and Procurement (CCCCCC ) for the North area and Al Habtoor Leighton GroupAl Habtoor Leighton Group for the Central and South areas. In September 2010, the onshore civil works and building contract was awarded to Hyundai Engineering and Construction CompanyHyundai Engineering and Construction Company . The dredging and reclamation works of phase 1 were completed. In July 2010, the construction contract of the offshore terminal package was awarded to the JV of Ed Zueblin and Al Jaber Transport and General ContractingAl Jaber Transport and General Contracting . In June 2010, ADPCADPC awarded the port systems contract to Al Jaber GIS joint venture. The contract involves the detailed design, procurement, integration and installation of the control systems at Khalifa Port including a Port Operating System; a Vessel Traffic System; Security; CCTV; Telephony and communications; and all associated fiber optic and control system cabling. In November 2009, the study of the concept master plan for Khalifa industrial zone area B and the workforce accommodation area was under execution. In July 2009, the USD 381 million construction contract of the onshore port facilities was awarded to Al Habtoor Leighton GroupAl Habtoor Leighton Group . On 9 March 2009, bids were submitted for the master plan review contract. In March 2009, ADPCADPC decided to appoint a project consultant to review the master plan due to amendments in the port's scope such as the possibility to integrate the port with the industrial city and the addition of an automated container handling system instead of a manual system. In March 2008, the USD 272 million earthwork contract for area A of Khalifa industrial zone was awarded to Al Jaber Transport and General ContractingAl Jaber Transport and General Contracting and Ghantoot Transport and General Contracting EstablishmentGhantoot Transport and General Contracting Establishment . In February 2008, dredging works started. On 1 October 2007, ADPCADPC awarded the USD 1.5 billion dredging and reclamation contract for Phase 1 A of the Khalifa Port to the consortium of Archirodon Construction (Overseas) CompanyArchirodon Construction (Overseas) Company , Boskalis Westminster Middle EastBoskalis Westminster Middle East and Hyundai Engineering and Construction CompanyHyundai Engineering and Construction Company . On 2 June 2007, ADPCADPC , DP WorldDP World and Economic Zones World (EZW) signed cooperation agreements, according to which: DP WorldDP World will operate the Khalifa Port and EZW will operate the free trade and logistics zone located in Taweelah, Abu Dhabi. In 2007, ADPCADPC invited international companies to submit their EOIs to start operating in the zone. In 2006, the PMC contract was awarded to Bechtel CorporationBechtel Corporation . |
| Scope of Work |
Work in Khalifa Port is divided to 5 phases and includes: - Creation of a 2.6 million sq. m. marine platform - Dredging and Reclamation works - Construction of a 32 km quay wall and 7.3 Km breakwaters - Construction a 4.6 km causeway Building works include: - An offshore clinic - A fire station - A harbor master building - A worker services building - 4substations - Maintenance and repair workshops Khalifa Port will be built offshore and connected to the onshore industrial zone by a four-km bridge or causeway. Work in Khalifa Industrial Zone is divided to 2 Areas and includes: - Area A (50 sq.km) includes a port, a heavy industry, a medium and heavy industry and trade and logistics areas. - Area B (95 sq.km) includes residential, commercial, retail, heavy industry, medium and light industry, high technology and trade and logistics areas. |
| Financing Source |
In July 2010, the National Bank of Abu DhabiNational Bank of Abu Dhabi was appointed as the financial adviser. In January 2009, HSBCHSBC , Fortis and BNP ParibasBNP Paribas signed a USD 500 million deal to finance the project. In December 2008, the one year deals with HSBCHSBC and National Bank of Abu DhabiNational Bank of Abu Dhabi were extended by 2 years. In February 2008, ADPCADPC and HSBCHSBC signed a USD 125 million one year revolving credit facility. On 16 December 2007, ADPCADPC signed a USD 300 million loan with National Bank of Abu DhabiNational Bank of Abu Dhabi to meet the initial construction costs of Khalifa port. The deal is ADPCADPC ’s maiden debt financing and will be a revolving credit facility for a one-year period. In June 2007, HSBCHSBC was appointed as the financial adviser. HSBCHSBC will advise on the financing options available including debt, equity and mezzanine structures. In 2007, ADPCADPC was cooperating with MubadalaMubadala on talking to potential investors to set up business in the port zone. |
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| Project News |
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