Mawani signs agreement to construct logistics park
Mawani and Jeddah Chamber of Commerce and Industry have signed an agreement for the construction of an integrated logistics park.
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Mawani and Jeddah Chamber of Commerce and Industry have signed an agreement for the construction of an integrated logistics park.
Saudi Ports Authority (Mawani) is set to develop an integrated logistics park in Jeddah at a total cost of SR1 billion ($266 million). Spread over a 3-sq-km area, the facility boasts shared warehouses, storage yards as well as a one-stop services centre.
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Saudi Ports Authority (Mawani) has announced that the container flow at its trade hubs have witnessed a 24% growth in January which surged to 694,803 TEUs over 560,084 in 2021. The consolidated cargo figures for January point to a 9.5% gain in volumes.
Global freight major Maersk joined Saudi Ports Authority (Mawani) to break ground on its biggest comprehensive logistics park in the Middle East at Jeddah. The 225,000-sq-m facility will be set up at an investment of SR1.3 billion ($346 million).