..but older facilities not forgotten either..

Neither Port Rashid nor Hamriya Port are to close to enable commercial development of what are Dubais oldest harbours to go ahead, even though extensive property development is taking place around them.

The Government’s objectives were to establish the commercial feasibility of building an additional port; identify ways of addressing labour in any future concession; assess the impact Iraqi trade wouldhave within the next decade and would this develop into at least two million TEU’s per annum; identify the best method to promote private investment in the new port; and stimulate competition to improve existing port operations.

Indeed, Hamriya Port is to see development of its berths to handle an increase in regional traffic while Port Rashid will continue to serve its niche Asian market. Port Rashid currently reports annual traffic of 1.5m TEUs, 200,000 TEUs short of its full capacity.