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SATS announces that it is to build new cargo facilities in Dammam

Singapore's biggest ground handler at Changi airport, SATS, has said that it is to invest about SR108m in the building of new air cargo facilities at King Fahd International airport in Dammam.

The move is seen as part of an ambitious plan to expand the handler's reach in the Asia Pacific and Middle East. Vivian Balakrishnan, Singapore's Foreign Minister, has dilated on the growing relationship between Singapore and Saudi Arabia on the one hand and Singapore and the Middle East on the other. He has also touched on several regional issues that have hampered all efforts to restore peace and security in the Middle East region.

Koh Poh Koon, Minister of State for Development, Trade and Industry, announced that the investment in Dammam is SATS' biggest greenfield project in its air cargo business to date. Granted to its subsidiary SATS Saudi Arabia, the cargo handling concession is valid for 22 years and will involve SATS building a new 20,000 square metre cargo terminal near the airport.




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