Saudi Ports Authority (Mawani) has signed an agreement with MEDLOG to develop a logistics zone at Jeddah Islamic Port, a release stated. The logistics zone will be built at an estimated cost of 175 million Saudi riyals (US$46.66 million).
The logistics zone will cover an area of 100,000 square metres and improve operational efficiency in line with the objectives of the national transport and logistics strategy, Mawani stated in a statement.
The deal will help the Saudi ports operator to meet its goals of increasing the number of national logistics zones to 30 and increasing the Kingdom of Saudi Arabia’s logistics performance index ranking to 4.01 by 2030.
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