The Maritime Industries Sector Cluster
Ras Al-Khair Special Economic Zone
82BSaudi Riyal
GDP contribution by 2030
5.6BSaudi Riyal
Foreign direct investment value by 2030
119BSaudi Riyal
Export contribution by 2030
Advantages of the Ras Al-Khair Special Economic Zone
The largest shipbuilding dry dock
The King Salman International Complex for Maritime Industries and Services is the largest and newest shipbuilding dry dock in the MENA region.
Smart infrastructure
An advanced system built on artificial intelligence, the Internet of Things, and biometric technologies.
Supportive ecosystem
A streamlined business environment that eases setup, lowers operating costs, and reduces investment risk.
Investment Factors
The maritime industries sector carries distinctive strengths that add to the special economic zone's advantages, increasing its investment appeal.
Growing demand
The Kingdom's shipbuilding and maintenance market is expected to grow 23% between 2021 and 2030, and the drilling-rig manufacturing market is estimated to grow 20% over the same period.
Saudi Vision 2030
A national priority sector, targeting an annual market value of $14 billion.
Key Investors
International Maritime Industries (IMI)
A steel-plate fabrication complex, a joint venture between Saudi Aramco, Lamprell, Bahri, and Hyundai Heavy Industries.
$10B
Value of binding purchase agreements