JEDDAH: Saudi Arabia’s Ports Authority (Mawani) on Saturday signed seven agreements with national and international companies to establish and expand logistics centers at Jeddah Islamic Port and Al-Khumra Logistics Zone, with total investments approaching SR1 billion ($267 million).
The signings were overseen by Minister of Transport and Logistics and Mawani Chairman Saleh Al-Jasser, in the presence of Mawani President Sulaiman Al-Mazrou and other officials, the Saudi Press Agency reported.
The projects form part of Mawani’s strategy to expand logistics infrastructure along the Kingdom’s western coast, supporting the National Transport and Logistics Strategy and Saudi Vision 2030, which aim to position the Kingdom as a global logistics hub.
Al-Jasser said the launch and expansion of the logistics centers reflected the leadership's continued support for developing the transport and logistics sector.
He said the projects would strengthen Jeddah Islamic Port and Al-Khumra Logistics Zone, improve supply chain efficiency and reinforce Saudi Arabia's role as a regional and global trade gateway on the Red Sea.
