Latest news with #GeneralPortsAuthority
Fibre2Fashion
6 days ago
- Business
- Fibre2Fashion
Saudi Arabia begins $186 mn Jeddah logistics corridor project
Saudi Arabia has launched a major infrastructure initiative with the foundation-laying of a new logistics corridor connecting Jeddah Islamic Port to the Al-Khomra Logistics Zone. Saudi Arabia has begun work on a SAR689 million (~$186 million) logistics corridor linking Jeddah Islamic Port to Al-Khomra Logistics Zone. Inaugurated by Minister Saleh Al-Jasser, the 17-km, four-lane route with 12 bridges aims to boost port efficiency by 10 per cent, ease congestion, and support multimodal transport and investment growth. The project was inaugurated by Minister of Transport and Logistic Services and chairman of the General Ports Authority (Mawani), Saleh Al-Jasser, in a ceremony attended by senior transport and logistics leaders, including Mawani chairman eng Sulaiman Al-Mazroua, as per Saudi Press Agency. Valued at over SAR689 million (~$186.03 million), the project includes the construction of a 17-kilometre dedicated logistics lane for trucks, featuring two lanes in each direction and 12 bridges. This corridor will directly link the port to the logistics zone, bypassing Jeddah's internal road network and easing traffic congestion. Equipped with emergency exits, maintenance access, and rainwater drainage systems, the corridor is set to unlock new investment opportunities and streamline container movement for logistics firms, exporters, importers, and shipping lines. 'This direct logistics corridor will significantly enhance operational efficiency, increase the port's handling capacity by 10 per cent, and support the integration of various transportation modes. It will also play a key role in optimising supply chain operations and improving overall infrastructure,' said Saleh Al-Jasser. Fibre2Fashion News Desk (HU)
Arab News
28-04-2025
- Automotive
- Arab News
Saudi Ports Authority to develop $79m logistics zone at Dammam port
RIYADH: Saudi Arabia's General Ports Authority, known as Mawani, has signed a new agreement to develop a SR300 million ($79 million) logistics zone at King Abdulaziz Port in Dammam, further strengthening the Kingdom's ambition to become a global logistics hub. The project, launched in partnership with Alissa International Motors — a subsidiary of Abdullatif Alissa Holding Group — will cover 382,000 sq. m. The new facility will serve as a central hub for the import and re-export of vehicles and spare parts, the authority said in a statement. This initiative aligns with the goals of Saudi Arabia's National Strategy for Transport and Logistics, which seeks to enhance supply chain efficiency and attract foreign and domestic investment. The Dammam logistics zone is part of a broader SR10 billion investment plan to establish 20 integrated logistics hubs across the Kingdom under the authority's supervision. The new facility will feature a 7,000-sq.-m warehouse dedicated to spare parts storage and is designed to accommodate more than 13,000 vehicles. 'This development will strengthen the port's competitive edge and reinforce its position as a regional logistics center by delivering high-quality logistics services,' Mawani stated. The authority emphasized that the project would contribute to economic diversification and bolster private sector participation in the Kingdom's growth. Already a vital link connecting Saudi Arabia to international markets, King Abdulaziz Port offers state-of-the-art infrastructure and logistics capabilities, making it an attractive destination for global trade companies. In a separate development, Mawani signed another contract with Sultan Logistics to establish an additional logistics zone at King Abdulaziz Port, valued at SR200 million. Covering 197,000 sq. m, the facility will include 35,000 sq. m of warehouse space, administrative offices, storage yards for dry and refrigerated containers, and a dedicated re-export area. 'These facilities will elevate the quality of logistics services offered at the port and support trade with enhanced operational efficiency,' Mawani added. The establishment of the new zones is expected to significantly boost King Abdulaziz Port's operational capacity and competitiveness. In 2024, Saudi Arabia launched, developed, and inaugurated eight logistics zones and centers, backed by approximately SR2.9 billion in private sector investments. These efforts form part of the Kingdom's wider strategy to solidify its standing as a leading global logistics powerhouse.
