Mawani and MEDLOG partner to set up an Integrated Logistics Park at King Abdulaziz Port
Investment value exceeds SAR 150mn for a 100,000sqm+ project
Under the patronage and presence of HE Eng. Saleh Bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman, Saudi Ports Authority, (SPA-Mawani) and MELDOG, the logistics arm of the Mediterranean Shipping Company, the cornerstone was laid for the integrated Logistics Park at Dammam’s King Abdulaziz Port on the Kingdom’s Eastern seaboard with an investment value exceeding SAR 150mn (US$ 40mn).
According to Omar Hariri, President, Mawani, the establishment of the Integrated Logistics Park is in line with the goals of the National Transport and Logistics Strategy (NTLS) to position Saudi Arabia as a global logistics hub connecting three major continents.
Due to its location which gives it a great competitive advantage, and its close proximity to Jubail Industrial City and major urban centres in the Eastern Region, the new logistics park will provide high-quality, comprehensive and integrated logistics services and enhance its ability to facilitate transportation operations between the Eastern and Central regions in the Kingdom.
The area of the new park is 100,000sqm with capacity of 300,000 TEUs annually. It aims to facilitate the growth of shipping connectivity, and global logistics services, and to raise the quality and efficiency of the services delivered to local and international customers across the Kingdom.
