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Saudi Arabia Establishes Duty-Free Markets in Airports, Ports

Saudi Arabian gov t, Hutchison Ports partner up on JCPDI Port

Saudi Arabian gov’t, Hutchison Ports partner up on JCPDI Port February 16, 2021, by Naida Hakirevic The Saudi Arabian government and port operator Hutchison Ports have signed an agreement to invest in and operate JCPDI Port which comprises multipurpose terminals within the Jazan City for Primary and Downstream Industries (JCPDI). The virtual signing ceremony between the government’s autonomous organisation, Royal Commission in Jubail and Yanbu (RCJY), represented by the Jubail and Yanbu Industrial Services Company, and the port operator, was held on 15 February 2021. Courtesy of Hutchison Ports To be developed in two phases, the multipurpose port will consist of a container terminal and a general cargo and dry-bulk terminal. Each will be equipped with advanced handling equipment and have quayside draft of 16.5 meters, according to Hutchison Ports.

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