Saudi Ports Authority signs contracts worth $171m to boost Jeddah port – The National

Saudi Ports Authority signs contracts worth $171m to boost Jeddah port – The National

The Saudi Ports Authority, better known as Mawani, has signed two contracts worth 642 million Saudi riyals ($171.2m) to deepen and build berths at the Jeddah Islamic Port.

The kingdom is focused on developing its maritime infrastructure to boost trade.

The authority signed the deals with PC Marine Services and Modern Building Leaders (MBL) consortium consisting of Huta Hegerfeld Saudia to develop the port along the Red Sea, the kingdom’s state-run Saudi Press Agency reported on Sunday.