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Saudi Ports Authority and MEDLOG to develop $40 million 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.

Michele Labrut, Americas Correspondent

January 3, 2024

1 Min Read
Mawani and MEDLOG to develop Saudi logistics park
Photo: MSC

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.

 

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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