The Saudi Ports Authority (MAWANI) and Saudi Global Ports (SGP) have agreed to create a fully integrated logistics park covering over 1 million square metres at King Abdulaziz Port in Dammam.
According to MAWANI, the total investment of the fully integrated logistics park is approximately about 1 billion Saudi Riyals ($266.57 million).
The agreement was signed in the presence of HRH Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy, H.E. Minister of Transport and Logistic Services Eng. Saleh bin Nasser Al-Jasser, and the Minister of Manpower and Second Minister for Trade and Industry Dr. Tan See Leng.
Eng. Saleh bin Nasser Al-Jasser, the Minister of Transport and Logistics Services and Chairman of the Board of Directors of the Saudi Ports Authority, stated that this recent agreement falls under both local and international private sector investments.
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According to MAWANI, the aim of these investments is to create various high-performance logistics zones that will boost logistics efficiency, improve service quality, expand handling numbers, and create new job possibilities.
The new logistics park is part of MAWANI’s initiative to expand the number of logistics parks within Saudi ports to 12.
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The park is designed to offer comprehensive logistics services and innovative solutions, with a strong focus on sustainable practices and systems. It includes warehouses and yards equipped to store and handle all types of dry and refrigerated goods.
Additionally, the park features a bonded and re-export area specifically dedicated to sorting, distribution operations, and other value-added services.
In September, MAWANI handled a container volume of 732,293 TEU across its trade hubs.
