The Saudi Ports Authority Mawani and MEDLOG, the logistics arm of the Mediterranean Shipping Co. (MSC), signed an agreement to establish an integrated logistics park for storing and handling empty containers at Jeddah Islamic Port, with an investment value of up to US$47 million.
Present at the sigining were HE Mr. Omar Hariri, President of Mawani, and Mr. Hisham Al-Ansari, the CEO of MEDLOG Saudi Arabia.
The logistics park contributes to increasing the number of handled containers equivalent to two million TEUs over the next ten years, enhancing trade movement, ensuring supply chains.
The park includes a comprehensive service site for the maintenance and inspection of empty and full containers, providing 400 direct and indirect job opportunities to qualify the national workforce in the logistics services sector, as well as contributing to the preservation of port environment.
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The park aims also to link the western regions of the Kingdom to the southern regions; and to facilitate the export of goods from these regions to abroad across King Abdullah Port in Rabigh province.
In addition to providing high-quality, comprehensive and integrated logistics services, facilitating the needs of beneficiaries, and meeting the requirements of the local market in terms of transporting and handling goods with high operational capabilities.
It is noteworthy that Mawani signed several agreements during 2023 to establish, inaugurate, and lay the cornerstone for nine logistics parks and centers in Jeddah Islamic Port, King Abdul Aziz Port in Dammam, and King Fahd Industrial Port in Yanbu.
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