DP World and MAWANI break ground on SAR 900mn Logistics Park at Jeddah Islamic Port
Work begins on a 415,000sqm facility, the biggest integrated logistics park in the Kingdom
DP World and Saudi Ports Authority (Mawani) have commenced construction of a new SAR 900mn (US$ 250mn) logistics park at Jeddah Islamic Port, set to provide state-of-the-art storage and distribution facilities, as well as boost trade in the Kingdom of Saudi Arabia and the wider region.
The 415,000sqm greenfield facility will feature 185,000sqm of warehousing space and a sprawling multi-purpose storage yard, making it the largest integrated logistics park in the Kingdom. It will have the capacity for more than 390,000 pallet positions, offering customers an efficient platform for the seamless flow of goods to and from Jeddah.
Established in 2022 as part of a 30-year concession, Jeddah Logistics Park will be developed in two phases with a planned opening in Q2 2025. The facility will have a rooftop solar plant on the warehouse that will generate 20MW of renewable energy, contributing to its sustainable design.
Collaboration
The collaboration between Mawani and DP World also includes the management of the South Container Terminal through a separate 30-year concession signed in 2020. The terminal is currently in the final phase of a comprehensive modernisation project, scheduled for completion in Q4 2024, which will see the handling capacity being ramped up to 5mn twenty-foot equivalent units (TEUs).
Altogether, the two DP World projects represent a combined investment of close to SAR 4bn (US$ 1bn).
This investment marks a significant step as we mark 25 years of operations in Jeddah and underscores our enduring commitment to facilitating the flow of trade,” commented HE Sultan Ahmed Bin Sulayem, Chairman and CEO, DP World.
Expansion
“This new project is part of Mawani’s broader efforts to expand the number of logistics centres in Saudi ports, in partnership with major national and international companies, and in line with the objectives of the National Transport and Logistics Strategy and Vision 2030,” affirmed Omar Bin Talal Hariri, President, Saudi Ports Authority (Mawani).
Mohammad Alshaikh, DP World Country Head, KSA, delivered details on the comprehensive project to attendees at the groundbreaking, including the UAE Consul General in Jeddah, HE Nasser Huwaiden Thaiban Ali AlKetbi, and senior Saudi Government representatives and members of DP World’s top leadership team.
Aligning closely with Saudi Vision 2030, Jeddah Logistics Park represents a major development for DP World at Jeddah Islamic Port. This state-of-the-art facility will optimise the logistics processes for both importers and exporters, providing an integrated platform for trade and logistics.
The groundbreaking follows on the heels of the opening of freight forwarding offices in Dammam, Jeddah and Riyadh, expanding the logistics footprint of DP World and strengthening end-to-end supply chains in the Kingdom of Saudi Arabia and beyond.
