Maersk lands Saudi deal

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The signing took place in the presence of the Minister of Transport and Logistic Services, Eng. Saleh bin Nasser Al-Jasser
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  • Maersk will set up an Integrated Logistics Park at Jeddah Islamic Port, investing more than SAR500m
  • The agreement is a step to make Jeddah Islamic Port among the top ten ports in the world by 2030

Saudi Ports Authority (MAWANI) on Sunday signed an agreement with Maersk Saudi Arabia to set up an Integrated Logistics Park at Jeddah Islamic Port in the Kingdom of Saudi Arabia.

The signing took place in the presence of the Minister of Transport and Logistic Services, Eng. Saleh bin Nasser Al-Jasser, who is also Chairman of the Board of Directors of the Saudi Ports Authority, and a number of leaders of the transport and logistics system and officials of the relevant authorities

“We, in the transport and logistics system, with the support of His Royal Highness the Crown Prince, are continuing to establish multiple logistic areas in accordance with a high development methodology that contributes to transforming the Kingdom of Saudi Arabia into a leading global center in the economics of transport and logistics industry,”. We will continue to strengthen these strategic partnerships with the private local and international sectors to achieve the objectives of the National Strategy for Transport and Logistics and the Saudi Vision 2030”, Nasser Al-Jasser said.

The President of the Saudi Ports Authority Omar bin Talal Hariri  who co-signed the deal with Managing Director of Maersk Saudi Arabia Mohammad Shihab said that this partnership will greatly enhance the distinguished operational capabilities of Jeddah Islamic Port.  

“The agreement is an important step to achieve the ambition for Jeddah Islamic Port to become among the top ten ports in the world by 2030,” he added.

Under the agreement, Maersk will set up an Integrated Logistics Park at Jeddah Islamic Port, investing more than SAR500m.

 

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