Latest news with #SalehbinNasserAl-Jasser


Malaysian Reserve
04-07-2025
- Business
- Malaysian Reserve
Enhancing Capacity and Logistics Flow, Minister Al-Jasser Lays Foundation Stone for Logistics Corridor Linking Jeddah Islamic Port and Al-Khumrah Logistics Park
RIYADH, Saudi Arabia, July 4, 2025 /PRNewswire/ — In a strategic move to strengthen Saudi Arabia's logistics infrastructure, His Excellency Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority (Mawani), laid the foundation stone for a new logistics corridor connecting Jeddah Islamic Port to Al-Khumrah Logistics Park. The ceremony was attended by Mawani President Eng. Suliman Almazroua, alongside senior officials and leaders from across the transport and logistics ecosystem. Developed and implemented by Mawani, the corridor project is valued at over $183.7 million and spans 17 kilometerswith two lanes in each direction. It features 12 overpasses, emergency access points, maintenance facilities, and a comprehensive rainwater drainage system, providing uninterrupted truck movement between the port and the logistics park while bypassing Jeddah's urban road network. Minister Al-Jasser emphasized that the dedicated corridor will increase Jeddah Islamic Port's handling capacity by 10%, streamline truck flows, and enhance road safety by separating heavy truck traffic from general urban traffic. The project is also expected to reduce congestion, noise, and visual pollution, while contributing to lower carbon emissions and a better urban living environment. 'This initiative is a key milestone under the National Transport and Logistics Strategy, reinforcing the Kingdom's ambition to become a global logistics hub connecting three continents,' said Al-Jasser. The corridor strengthens multimodal integration and supply chain efficiency, while enhancing trade facilitation and the operational performance of Jeddah Islamic Port. It also unlocks new investment opportunities in the region and creates added value for transporters, importers, exporters, shipping lines, and logistics park users. Jeddah Islamic Port is a major gateway on the Red Sea coast, covering 12.5 square kilometers with 62 multi-purpose berths, state-of-the-art terminals, and specialized facilities that support regional and international trade. This project represents another significant step in advancing Saudi Arabia's logistics sector and achieving Vision 2030's economic diversification and connectivity goals. Photo – –


Mid East Info
28-06-2025
- Business
- Mid East Info
In the Presence of H.E. Al-Jasser … Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Private Sector Investments Exceeding SAR 2.2 Billion
RIYADH, Saudi Arabia, June , 2025: In the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Mawani — in collaboration with the National Center for Privatization — signed contracts to privatize multipurpose cargo terminals at eight Saudi ports under a Build-Operate-Transfer (BOT) model spanning 20 years. The agreements were signed with national partners Saudi Global Ports and Red Sea Gateway Terminal Company, with private sector investments exceeding SAR 2.2 billion. The signing ceremony was also attended by Mr. Mazen bin Ahmed Al-Turki, Acting President of Mawani; Eng. Abdullah bin Mohammed Al-Zamil, Chairman of Saudi Global Ports; Mr. Aamer Alireza, Chairman of Red Sea Gateway Terminal; and a number of other officials. Speaking at the ceremony, H.E. Eng. Saleh Al-Jasser noted that these successive private sector investments reflect the strong appeal of Saudi ports and the logistics sector — a sector that receives generous support from the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince, may God protect them. He also stated that Saudi ports have witnessed remarkable progress in operational efficiency, cargo handling rates, and maritime connectivity, according to international indices — driven by significant investments from leading global and national logistics companies. The Minister emphasized that the transport and logistics ecosystem will continue to strengthen its partnerships with the private sector across all areas and regions of the Kingdom. He noted that these privatization contracts represent an extension of Mawani's strategic partnerships with major national and international companies, enabling growth in the maritime transport sector, diversifying the economy, and reinforcing Saudi Arabia's position as a global logistics hub — in line with the goals of the National Transport and Logistics Strategy and Saudi Vision 2030. For his part, H.E. Mr. Mohannad bin Ahmed Basodan, CEO of the National Center for Privatization, affirmed that the Center aims to empower the private sector to play a key role in enhancing public services and improving operational efficiency. He noted that the signing of these privatization contracts across eight seaports is one of the most significant initiatives in this regard, enabling the private sector to leverage its expertise to develop advanced maritime services aligned with the highest global standards — thereby enhancing operational performance and unlocking broad prospects for economic growth. These efforts also reflect the Center's vision of building an effective privatization ecosystem that delivers sustainable economic impact and supports the Kingdom's ambition to become a global logistics hub under Saudi Vision 2030. Under the contracts, Saudi Global Ports will develop, manage, and operate multipurpose terminals at four Eastern Province ports under Mawani's jurisdiction: King Abdulaziz Port in Dammam, Jubail Commercial Port, King Fahd Industrial Port in Jubail, and Ras Al-Khair Port. Red Sea Gateway Terminal will manage the development and operations of multipurpose terminals at four Western Province ports: Jeddah Islamic Port, Yanbu Commercial Port, King Fahd Industrial Port in Yanbu, and Jazan Port. The privatization contracts for King Fahd Industrial Port in Yanbu involve increasing container handling capacity through the deployment of the latest STS and RTG cranes, reach stackers, modern trucks and trailers, as well as reducing truck turnaround times and vessel berth stays — all contributing to improved operational efficiency. Notably, these privatization contracts between Mawani and the private sector were signed following approval from the Supervisory Committee for Privatization in the Transport and Logistics Sector, chaired by H.E. Eng. Saleh bin Nasser Al-Jasser. They aim to enhance the competitiveness of Saudi ports, expand operational capacity, support economic growth, and contribute to sustainable development.


Leaders
18-04-2025
- Business
- Leaders
Saudi Transport Minister Meets Egyptian Deputy PM for Industry
Minister of Transport and Logistic Services, Eng. Saleh bin Nasser Al-Jasser, held a meeting with Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Lieutenant General Eng. Kamel El-Wazir. The meeting focused on exploring avenues for strengthening partnerships across various transportation sectors. Both sides discussed the exchange of expertise in infrastructure development, port connectivity, and trade facilitation, aiming to support sustainable development goals and improve supply chain efficiency in both countries. Discussions also highlighted the importance of institutional and technical integration, along with the creation of joint initiatives to enhance regional and international competitiveness in the transport sector. As part of his visit, the Egyptian minister participated in several meetings and specialized sessions, including a visit to Neom. There, he met with officials to review future projects and explore collaboration opportunities in maritime transport and emerging technologies. Related Topics : Minister of Transport Launches SGS's First Digital Employee Saudi Minister of Transport launches th9e national aviation strategy to reach 250 direct destinations Saudi Transport Minister launches the 'Saudi Road Code Project' Saudi Transport Min. Announces 10 Bln Riyal Investment in Ports Short link : Post Views: 21 Related Stories


Zawya
07-04-2025
- Business
- Zawya
GACA grants air operator certificate to Riyadh Air, paving the way for launch of commercial flights
Riyadh -- In the presence of Minister of Transport and Logistic Services and Chairman of the Board of Directors of the General Authority of Civil Aviation (GACA) Eng. Saleh bin Nasser Al-Jasser, President of GACA Abdulaziz bin Abdullah Al-Duailej today handed over the Air Operator Certificate (AOC) to Chief Executive Officer of Riyadh Air Tony Douglas, officially authorizing the new national carrier to commence scheduled flights to and from airports across the Kingdom. The issuance of the certificate follows Riyadh Air's successful fulfillment of all regulatory and operational requirements in accordance with the executive regulations of the Civil Aviation Law, particularly those related to safety, security, and operational quality standards. This milestone reflects GACA's commitment to upholding world-class regulatory practices. The updated AOC marks a significant step toward enhancing the passenger experience and maintaining the highest aviation safety standards. It also supports GACA's broader efforts to create an attractive investment environment and to foster the growth and sustainability of the aviation sector, in line with the goals of the National Aviation Strategy and Saudi Vision 2030. Minister Al-Jasser emphasized that the issuance of the AOC to Riyadh Air represents a foundational pillar of the Kingdom's aviation strategy, which aims to position Saudi Arabia as the Middle East's leading aviation hub by 2030. The strategy includes transforming the Kingdom into a global logistics hub connecting three continents, supporting tourism objectives, and establishing Riyadh as a global gateway and central hub for transportation, trade, and tourism. Riyadh Air plans to operate flights to over 100 international destinations by 2030. The airline has placed orders for more than 132 aircraft and is expected to generate over 200,000 direct and indirect jobs in the aviation sector, contributing an estimated SAR75 billion to the Kingdom's non-oil GDP.


Zawya
18-03-2025
- Business
- Zawya
SAL joins the Private Sector Partnership Program (Shareek) and announces a SAR 4bln investment
Riyadh, Saudi Arabia – SAL Logistics Services has officially joined the Shareek Program through a strategic investment of SAR 4 billion to develop the SAL Logistics Zone in Falcon City, north of Riyadh. The announcement was made in the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services, H.E. Eng. Khalid bin Abdulaziz Al-Falih, Minister of Investment, and H.E. Abdulaziz bin Abdulrahman Al-Arifi, CEO of the Shareek Program, along with senior officials and executives. This investment aligns with the Ministry of Investment's efforts to accelerate the growth of the logistics sector by attracting both local and international investors and fostering high-impact partnerships in this vital industry. These initiatives will enhance supply chain efficiency, improve the regulatory and operational environment, and solidify Saudi Arabia's position as a global logistics hub. The SAL Logistics Zone, spanning over 1.5 million square meters in Malham, north of Riyadh, will feature a fully integrated infrastructure, including state-of-the-art Class A warehouses, advanced operational facilities, multimodal connectivity, and smart logistics technologies. These enhancements will optimize operational efficiency and accelerate cargo flow both locally and regionally. Mr. Omar bin Talal Hariri, CEO of SAL Logistics Services, emphasized that this investment marks a strategic step in strengthening the company's capabilities and contributing to the National Transport and Logistics Strategy. He stated: 'Joining the Shareek Program reflects our ongoing commitment to investing in innovative logistics solutions, upgrading infrastructure, and enhancing supply chain efficiency in the Kingdom. The SAL Logistics Zone is not just another development project—it is a model for the future of integrated logistics services. By leveraging technology and sustainability, we aim to create an advanced operational environment that attracts investment and drives Saudi Arabia's economic growth.' H.E. Abdulaziz Al-Arifi, CEO of the Shareek Program, highlighted the importance of this partnership, emphasizing that the investment in the SAL Logistics Zone reinforces Saudi Arabia's leadership in the logistics and transportation sector while supporting major companies in achieving sustainable economic growth. He added: 'The Shareek Program is dedicated to empowering major companies to invest in strategic, high-impact projects that contribute to Saudi Vision 2030. SAL's integration into the program reflects the company's pivotal role in advancing Saudi Arabia's transformation into a global logistics hub. We look forward to witnessing the positive impact of this investment on the sector and strengthening the Kingdom's position in international trade while driving economic diversification.' This strategic partnership directly supports Saudi Vision 2030 by enhancing logistics connectivity, attracting local and international investments, and establishing a modern infrastructure that strengthens Saudi Arabia's role in regional and global trade.