Seraisry said the government's decision to privatize management, maintenance and operation of port facilities was yielding fruits. "Six years after taking this decision, we see an increase in revenues and productivity and a decrease in expenditures," he said. He also unveiled plans to expand King Abdul Aziz Port in Dammam and King Fahd Industrial Port in Jubail. "Efforts are under way to establish a fourth port in Ras Al-Zour, which will specialize in the export of minerals. It will soon join our ports system," he was quoted as saying in a report published today by Arab News. --MORE 11 20 Local Time 08 20 GMT
