The Saudi Ports Authority (Mawani) has signed a contract with Q Saudi to launch development and operational works for an integrated logistics centre at Yanbu Commercial Port.
The project carries an investment value exceeding SAR 29 million ($7.7 million) and spans an area of 120,490 square metres, contributing to increased handling capacity in line with the National Transport and Logistics Strategy, which aims to solidify the Kingdom’s standing as a global logistics hub.
The contract was signed by Eng. Sulaiman bin Khalid Al-Mazroua, President of Mawani, and Abdullah Naeim Qarnabeesh, CEO of Q Saudi, in the presence of senior officials.
The project is set to deliver several economic benefits, including attracting investments from national and international shipping and logistics companies, generating direct and indirect employment opportunities that support economic development, boosting cargo handling volumes, and improving operational efficiency at Yanbu Commercial Port.
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The centre will offer facilities for cargo storage and redistribution, helping meet the needs of shipping and transport companies.
The port features 12 berths with a total capacity exceeding 13.5 million tonnes, as well as a passenger terminal with a capacity of 2,000 travellers, a general cargo terminal, and two grain silos with a storage capacity of 20,000 tonnes each.
Earlier this summer, Saudi Global Ports Group (SGP) signed four 20-year concession agreements with Mawani to operate multipurpose terminals at key ports along Saudi Arabia’s Eastern Coast.
For more information:
Mawani – https://mawani.gov.sa/
