MAWANI inks agreement for $260 million logistics park south of Jeddah

MAWANI inks agreements for new logistics park south of Jeddah

The Saudi Ports Authority (MAWANI) and Jeddah Chamber of Commerce and Industry have agreed to establish an integrated logistics park at Al Khumrah, south of Jeddah.

The logistics development, worth SAR1 billion ($266.5 million), aims to enhance MAWANI’s position as a major player in the national transportation sector and boost the Kingdom’s drive to become a global logistics destination.

The park’s design aims to optimise the use of its assets and resources, leading to the creation of more than 10,000 direct and indirect employment opportunities in the logistics industry.

Furthermore, the project is expected to strengthen the role of Jeddah Islamic Port as a major maritime hub with high-quality services and increased capacity for handling goods.

READ: MAWANI kicks off 2023 nearing 700,000 TEU mark

The logistics park will cover an area of 3 square kilometres and consist of three zones to include shared warehouses, medium-sized storage yards and single warehouses, and large storage yards and on-demand warehouses.

The different zones within the logistics park are tailored to meet the needs of importers and exporters, providing adequate storage space for various types of cargo such as multipurpose, chilled and frozen goods, food commodities, and fragile items, all while maintaining the highest standards of safety and efficiency.

The park will also include dedicated areas for administrative, commercial, and residential use, as well as a one-stop services centre.

According to MAWANI, the park will offer move-in-ready warehouses, storage yards, re-export zones, custom storage, logistics amenities, commercial units, residential units, and staff accommodation, in addition to state-of-the-art infrastructure like roads and green spaces as well as other essential services.

Just last week, Maersk and MAWANI started construction on Saudi Arabia’s largest Integrated Logistics Park at Jeddah Islamic Port.

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