Emirates News Agency - DP World, Saudi Ports Authority announce partnership to establish Jeddah Logistics Park
DUBAI, 19th June, 2022 (WAM) -- In a move that highlights the deep bonds and strengthening ties between the UAE and Saudi Arabia and underscores Dubai’s keenness to share its expertise and experience to boost regional development, DP World and the Saudi Ports Authority (Mawani) today signed a 30-year agreement to build a state-of-the-art, port-centric Logistics Park at the Jeddah Islamic Port. The agreement, with an investment value of more than AED490 million ($133.4 million), aims to establish a 415,000 square-metre logistics park with an...