Saudi Mawani, SGP Sign Contract Agreement to Establish Fully Integrated Logistics Park

Saudi Mawani, SGP Sign Contract Agreement to Establish Fully Integrated Logistics Park

The Saudi Ports Authority (Mawani) and Saudi Global Ports (SGP) have inked a deal to build a fully integrated logistics park spanning over 1 million square meters at King Abdulaziz Port in Dammam, with an investment nearing one billion Saudi riyals.

The agreement was signed in the presence of Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy, Minister of Transport and Logistic Services Eng. Saleh bin Nasser Al-Jasser, and Singaporean Minister of Manpower and Second Minister for Trade and Industry Dr. Tan See Leng.

The Minister of Transport and Logistics Services and Chairman of the Board of Directors of the Saudi Ports Authority Eng. Saleh bin Nasser Al-Jasser stated that this agreement falls under both local and international private sector investments.

The objective of these investments is to establish multiple high-performance logistics zones that will enhance the efficiency of the logistics sector, improve service quality, increase handling numbers, and generate additional job opportunities.

The initiative is expected to strengthen the role of the logistics sector in supporting the national economy and reinforce the Kingdom's position as a global logistics hub connecting three continents. This aligns with the National Strategy for Transport and Logistics Services and Vision 2030.

Al-Jasser emphasized that the contracts