Latest news with #NationalStrategyforTransportandLogistics
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.
Leaders
17-03-2025
- Business
- Leaders
Jubail Commercial Port Adds 'Clanga' Shipping Service by MSC
The Saudi Ports Authority (Mawani) announced that Jubail Commercial Port has added the new 'Clanga' shipping service by MSC, according to the Saudi Press Agency. The new service will further boost Saudi Arabia's competitiveness in investment and logistics services in line with the promising objectives of the National Strategy for Transport and Logistics. With a capacity of up to 6,000 standard containers, the Clanga service will connect Jubail Commercial Port with various ports around the world, as follows: King Abdulaziz Port in Dammam Singapore Port Shanghai Port in China Colombo Port in Sri Lanka Crucially, this step represents a remarkable milestone in the Kingdom's pursuit to position itself as a global logistics hub connecting three continents. Furthermore, the newly added service enhances Jubail Commercial Port's pivotal role in boosting the maritime transport sector and logistics services. It is worth noting that Jubail Commercial Port is one of the Kingdom's main ports that supports the movement of national exports to global markets, particularly industrial products and petrochemical products from several plants in Jubail Industrial City. Related Topics: Mawani: CMA CGM Launch New Shipping Routes to India, Oman, Iraq Mawani Adds 5 Shipping Services to 3 Ports Short link : Post Views: 1 Related Stories
