Saudi Arabia’s ‘Port of NEOM’ open for business

Saudi Arabia’s ‘Port of NEOM’ open for business

The Port of NEOM, which has seen over SR7.5 billion ($2 billion) investment on its first phase development, has expanded its capabilities including fixed call with CMA CGM, general cargo handling, storage and on-going passenger services.

By the beginning of 2025, the first Container Terminal will be operational with integrated supply chain and logistics solutions. When completed, the port will operate at net carbon zero levels with 100% renewable energy at source, set to make it the world’s most sustainable next-generation port.

Nadhmi Al Nasr, Chief Executive Officer, NEOM said: “The Port of NEOM will be pivotal to the continued commercial competitiveness, economic diversification and maritime trade ambitions of the kingdom. Our vision is to build one of the world’s most technologically advanced, efficient and sustainable ports with the first fully integrated and automated supply chain and logistics network, and this first phase of development is a step towards realising that.

Critical enabler

“Located on the Red Sea, at the crossroads of global trading routes, the port will be a critical enabler for NEOM and a catalyst for broader economic development in the region. Our investment to date of over SR7.5 billion and our intention to open the first advanced terminal in 2025 demonstrates