Under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, the Prince of the Eastern Province, and in the presence of H.E Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority Mawani has signed 4 contracts to provide maritime services.
Investments by the private sector exceed one billion Saudi riyals, with Zamil Marine Services and Naghi Marine Co. to provide a range of maritime services at 8 ports of Mawani, in cooperation with the Ministry of Transport and Logistic Services, and the National Center for Privatization.
His Royal Highness Prince of the Eastern Province emphasized that the government of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and under the supervision of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, may God protect them, is keen on supporting projects that make Saudi ports attractive to trade.
H.E Minister of Transport and Logistic Services explained that these contracts will expand the partnership with the private sector, support the competitive capabilities of the logistics sector and Saudi ports, enhance operational efficiency and performance of Saudi maritime services in ports.
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H.E Al-Jasser confirmed that these contracts also aim to empower the private sector in transportation and logistics projects and initiatives, as the private sector’s participation in the sector through privatization projects during the first half of 2023 exceeded 17 billion riyals.
He added that the transportation and logistics system will continue to increase investment opportunities with all components of the private sector and enhance the contribution of local content in system projects, achieving the targets of the Saudi Vision 2030.
On his part, H.E President of the Saudi Ports Authority, Mr. Omar Hariri, pointed out that these contracts aim to enhance the regional and global competitiveness of the Kingdom by utilizing the potential of the ports in value-added investment projects.
He also highlighted the role of maritime services contracts in empowering the maritime transport sector, diversifying the Kingdom’s economy, developing logistic services, and raising the Kingdom’s classification in international performance indicators.
On the part of H.E Mohanad Basudan, the CEO of the National Center for Privatization said that signing contracts for the privatization of marine services in eight ports is the result of an integrated Privatization Supervisory Committee in the Transport and Logistics Sector.
This enables the Saudi marine sector to achieve advanced positions in global rankings and indicators by providing a range of basic maritime services such as towing and guidance operations, mooring in the hook area, and berthing.
The marine services contracts are distributed among eight ports, where Zamil Marine Services Company is responsible for providing marine services at the Jeddah Islamic Port, the Jazan Port, the Ras Al Khair Port, King Fahd Industrial Port in Jubail, and Jubail Commercial Port.
Naghi Marine Co. is responsible for providing marine services at King Abdulaziz Port in Dammam, Yanbu Commercial Port, and the King Fahd Industrial Port in Yanbu.
It is worth noting that “Mawani” is developing a sustainable and prosperous maritime transport system by providing highly efficient logistic services that increase the private sector’s contribution to supporting the economic development process.
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