The Kingdom of Saudi Arabia Special Economic Zone Oppor tunities
Key location information
Ras Al-Khair
Position yourself at the center of the Arabian Gulf,
with an abundant supply of industrial talent and a
quick and efficient multimodal transport system to Province: Eastern Province
Size of the zone: 20km2 +/-
Special Economic Zone
connect your operation into global markets.
Located in Ras Al-Khair City for
Be at the forefront of innovation. Benefit from the Mining Industries
Kingdom’s ambitions to localize end-to-end supply
(SEZ) chains and create a docking point for regional ship
repairs and maintenance. Maritime Industry Sector Focus
Ras Al-Khair Special Economic Zone is building on • Shipbuilding and MRO
established maritime industries in the area to • Rig platforms and MRO
grow this cluster and become a key regional
Establish your business player, driving towards Saudi Arabia’s target of
developing a US $14bn maritime and offshore Offshore Cluster Sector Focus
within a global powerhouse cluster support industry.
• Primary Steel Fabrication for IMI Feedstock
in the maritime and offshore Conveniently located near Ras Al-Khair Port,
the Kingdom’s newest industrial port, with the
•
•
Downstream Steel/Supply Chain Fabrication
Support Facilities
cluster support industries capacity to handle bulk cargo and serving more
than 100 manufacturing projects. The port can
accommodate any size of ship due to its depth. Contact Information
Email: [Link]@[Link]
Tel: +966.13.341.3014
Website: [Link]
Source: Mawani, Saudi Ports Authority,
1 ‘Ras Al-Khair Port’. 2
The Kingdom of Saudi Arabia Special Economic Zone Oppor tunities
Position yourself at the center Access the largest and most
of the Arabian Gulf - access a technically advanced maritime
multimodal transport system yard in the MENA region
North-South Rail Ras Al-Khair SEZ will host the most comprehensive, state-of-the-art
shipyard and fully integrated offshore cluster, to supply end-to-end
Direct rail links to the Kingdom’s mines maritime manufacturing services.
via the North-South Line gives you
unrivalled access to key input materials. Ras Al-Khair SEZ’s shipyard, the largest in the MENA region, has the
And from King Salman Port, tap into the capability to provide newbuild and maintenance services, repair and
busiest oil and gas traffic and operations overhaul services for offshore support vessels, jackup rigs, very large
in the region. crude carriers (VLCCs) and bulk carriers.
100 km From the vibrant
Jubail industrial city
7.85 million square
meter area
<2 hours To Saudi Arabia’s third
US $10 billion of
largest airport, King Fahd International
offtake agreements
Airport, providing connectivity to 43
over 10 years
local and international destinations.
10 million passengers
MRO Capacity per year:
137 Vessels, 116 OSVs and 15 Rigs
......................................................................................
New Build Ve per year:
3 VLCCs, and 15 Offshore Support Vessels (OSVs)
......................................................................................
New Build Rigs per year:
Innovate and collaborate 4 Rigs
to build the maritime
capabilities of the future
Sources: King Fahd International Airport, ‘About King Fahd International Airport’; IMI ‘International
Maritime Industries signs agreement with Keppel LeTourneau to collaborate on offshore rigs’, May
22; Offshore Mag, ‘Second IMI jackup nears completion in Saudi Arabia’, Oct 22.
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The Kingdom of Saudi Arabia Special Economic Zone Oppor tunities
Access an advanced maritime Sectors of opportunity
infrastructure and accelerate Establish yourself in a SEZ with ambitions to localize end-to-end maritime value chains.
your growth 70% of ships produced in Ras Al-Khair SEZ will supply regional markets.
Tier 2 & 3 manufacturers discussing localizing supply chains for steel production and cranes manufacturing.
Benefit from access to the Kingdom’s 2nd largest aluminum facility and access the raw materials you need.
With the international Maritime Industries joint venture in place, the SEZ will produce 3 Ships, 15 Service
Vessels, 25 OSVs, and 4 Rigs per year. Be part of a dynamic global cluster and lead the innovations in
development of new fuels and shipbuilding.
US$ 162bn
Potential global maritime industry
Access state-of-the-art Benefit from high-quality Benefit from green products, 162
technologies including AI, products and efficient materials and renewable market opportunity by 2023 150
biometrics and IoT schedules energy sources
+8%
2020 2023
Be at the forefront of innovation and accelerate the Kingdom’s ambitions to create a docking point
for regional ship repairs and maintenance.
The international Maritime Industries (IMI) Maintenance Repair and Operations (MRO) annual capacity is
Access internationally Take advantage of projected to service 137 Vessels, 116 OSVs, and 15 Rigs.
competitive prices innovative lifecycle
management offerings
US$ 39bn
Potential global ship repairs
market size by 2025 39
30
Sources: Ras Al-Khair Special Economic Zone, Fortune Business
+30%
2020 2025
Insights on global marine vessel market size after COVID-19; Business
Research company
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The Kingdom of Saudi Arabia Special Economic Zone Oppor tunities
Investing in Ras Al-Khair SEZ provides
access to unparalleled economic
incentives to drive the success
of your business
In addition to the various assets and benefits already listed, Ras Al-Khair SEZ sets itself apart from
the competition through a range of SEZ incentives.
5% Corporate Income Tax 0% withholding tax permanently for
for up to 20 years repatriation of profits from SEZ into
foreign countries
0% Customs duties deferral Flexible and supportive regulations
for goods inside the SEZ around foreign talent during first 5 years
0% VAT for all intra-SEZ goods Expat levy ensuring fees exemption
exchanged within the zone for employees and their families in
and between zones the zone
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