Bid & Tender


Sepco3 Wins Contract to Build Saudi Manufacturing Plant

Sepco3, a Chinese construction and engineering company, has won a contract to build a manufacturing facility at the King Salman International Complex for Maritime Industries and Services at Saudi Arabia’s Ras Al-Khair port.


The project, led by Saudi Aramco, will manufacture two and four-stroke marine and electric power plant engines, in addition to marine pumps for ships, auxiliary equipment, generators and propulsion systems.


The engines and pumps manufactured by the plant will also be used in commercial vessel propulsion, electrical power generation, oil cargo vessels and offshore rigs.


Bids for the project were initially offered in April last year.


Meanwhile, Saudi Aramco, Hyundai and Saudi Arabian Industrial Investments Co., known as Dussur, built a joint venture for the project in July 2019.


Aramco owns the majority stake of 55 percent in the joint venture, while Hyundai owns 30 percent and Dussur 15 percent.


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