Qatar to get $450m shipyard

A joint venture between companies from Singapore and Qatar will manage its design, construction and operation.

Map of Qatar, Bahrain and Saudi Arabia showing Ras Tanurah
The 43-hectare shipyard is part of the expansionplans for Ras Laffan port
It said the remaining 20 per cent will be owned by KS Investments, a wholly-owned subsidiary of Keppel Offshore and Marine.
 
The proposed shipyard – part of the expansion of Ras Laffan port in the Arabian Gulf – is expected to begin operation in 2010.
Source: News Agencies