MAWANI to establish logistics zone in Jeddah Port with SAR 175M investments

Snapshot of the agreement signing

The Saudi Ports Authority (MAWANI) and MEDLOG, the logistics arm of the Mediterranean Shipping Company (MSC), signed a contract to establish a 100,000-square-meter (sqm) logistics zone to store and handle containers at Jeddah Islamic Port, with investments of up to SAR 175 million.

The logistics zone will contribute to increasing the port’s operational efficiency, enhancing commercial activities, and ensuring the alignment of supply chains with the objectives of the National Transport and Logistics Strategy to consolidate the Kingdom’s position as a global logistics hub and the link of three continents, the authority said in a statement today, March 19.

It explained that the zone aims to support raising the quality of logistic services on the Red Sea coast, providing comprehensive and integrated logistical services, facilitating the needs of beneficiaries, and meeting the local market’s requirements in terms of transporting and handling goods, with high operational capabilities.

The alternative-energy powered zone comprises an integrated services site to maintain and inspect containers, providing 400 direct and indirect job opportunities and qualifying national cadres in the logistics sector.

In 2023, MAWANI signed several agreements to establish, inaugurate, and lay the cornerstone for nine areas and logistics centers in the Jeddah Islamic Port, King Abdulaziz Port in Dammam, and King Fahd Industrial Port in Yanbu with investments exceeding SAR 6 billion.

These agreements are intended to develop the level of services provided to investors and beneficiaries and enhance the investment and logistical stance of Saudi ports.