The Saudi Ports Authority (Mawani) and Saudi Global Ports (SGP) have inked a deal to build a fully integrated logistics park spanning over 1 million square meters at King Abdulaziz Port in Dammam, with an investment nearing one billion Saudi riyals. The agreement was signed in the presence of Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy, Minister of Transport and Logistic Services Eng. Saleh bin Nasser Al-Jasser, and Singaporean Minister of Manpower and Second Minister for Trade and Industry Dr. Tan See Leng.
Saudi-based Mawani has signed a deal with Saudi Global Ports (SGP) to build a SAR1 billion ($266 million) logistics park over a 1 million sq m area at King Abdulaziz Port in Dammam. It includes warehouses and yards as well as a bonded and re-export area.
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