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The launch of warehouses
The Saudi Ports Authority (MAWANI) joined hands with LogiPoint, a subsidiary of Saudi Industrial Services Co. (SISCO), to inaugurate the "Warehouse Village V" and "VI projects" at a total investment cost of SAR 150 million.
The warehouses are located at Jeddah Islamic Port, spreading over a total area of over 43,000 square meters.
These investments come as part of the company’s logistics infrastructure expansion plan, estimated at SAR 40 million, over the next two years, the state-owned SPA reported.
The Warehouses Village V and VI span a total space of 24,500 sqm and 18,700 sqm, respectively. The Warehouses Village VI were designed in a special manner in line with Aramex specifications.
LogiPoint will implement both projects.
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