The Saudi Ports Authority (Mawani) has announced that it has signed a concession agreement with Saudi Global Ports (SGP) to develop, operate and manage the container terminal at Jubail Commercial Port, in a project involving investments of more than SAR2 billion ($528 million).
Saudi Global Ports has broken ground on its new SAR1.3 billion ($346 million) integrated logistics zone at Dammam. Spanning 1 million sq m, the key facility will provide modular warehousing and cold chain units as well as dedicated areas for petchem products.
