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Saudi Ports Authority and MEDLOG to develop $40 million logistics park

Photo: MSC Mawani and MEDLOG to develop Saudi logistics park
The Saudi Ports Authority (Mawani) and MEDLOG, the logistics arm of the world’s largest container line MSC, have signed an agreement to develop the first-ever integrated logistics park and re-export zone at Dammam’s King Abdulaziz Port in Saudi Arabia.

The logistics park, estimated to cost about $40 million, will be built over 100,000 sq metres and will offer a handling capacity of 300,000 teu with logistics solutions fort inland freight transportation between the Central and Eastern Regions and the rest of the Kingdom, Mawani said.

Omar Hariri, President of Mawani, said that laying the cornerstone of the Logistics Park goes with the goals of the authoriy’s pivotal role in building a flourishing and sustainable maritime sector.

The project follows the goals of the National Transport and Logistics Strategy (NTLS) to position Saudi Arabia as a global logistics hub connecting three major continents.

Located near Jubail Industrial City and the Eastern Region, the logistics facility will offer competitive and cost-efficient services to the local market.

More recently, Mawani signed a lease contract for the Saudi Sales Company to establish a 54,000 square metres-logistics zone at Jeddah Islamic Port.