‎MAWANI, DP World sign SAR 500 mln agreement to build logistics park in Jeddah Islamic Port

‎MAWANI, DP World sign SAR 500 mln agreement to build logistics park in Jeddah Islamic Port

The Saudi Ports Authority (MAWANI) signed today an agreement with DP World to establish a new fully-integrated smart logistics park in Jeddah Islamic Port, with over SAR 500 million worth of investment from the company.

Saleh Al Jasser, Minister of Transport and Logistic Services and MAWANI's Chairman said that signing this agreement aligns with the National Transport and Logistics Strategy (NTLS) objectives of positioning Saudi Arabia as a global logistics hub, and supports the growth of the logistic services industry on the Red Sea coast.

MAWANI's President Omar bin Talal Hariri said that the agreement aims to build a logistics park over a total area of 415,000 square meters with a capacity of 250,000 TEU and 100,000 square meters of warehouses area, as it will provide advanced and eco-friendly e-services, and integrate the operations of the south container terminal with the logistics park.

He added that this partnership will connect the port’s operations with the logistics park, which will allow for providing integrated logistics services with high level of operational efficiency, as well as expanding cooperation with the largest logistic services providers, and strengthen the reexports operations, in order to deliver the best services for customers and investors.

In October 2021, the Saudi Ports