MAWANI seeks public opinion on amended leasing regulations

14/02/2024 Argaam
Logo ofSaudi Ports Authority (Mawani)

Logo of Saudi Ports Authority (Mawani)

Saudi Ports Authority (MAWANI) launched a public survey, via the public consultation platform (Istitlaa), on the updated draft regulation for renting MAWANI’s facilities. The survey will be open until Feb. 27.

 

With the updates, MAWANI seeks to optimize the use of its properties by investing in value-added projects. The objective is to maximize financial returns from the leased land and ensure the highest level of efficiency in property utilization.

 

MAWANI is focused on managing its properties within value-added projects to enhance their appeal as an investment option. In pursuit of this goal, the authority developed the necessary regulations and rules.

 

The drafted regulation is designed to regulate the procedures involved in leasing MAWANI's facilities. It aims to streamline the comparison of requests, unify implementation mechanisms, and serve as a comprehensive reference, ensuring transparency and clarity throughout the leasing process.

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