MAWANI signs SAR 1 bln deal to establish integrated logistics zone in Jeddah

26/02/2023 Argaam
Agreement signing ceremony

Agreement signing ceremony

 

The Saudi Ports Authority (MAWANI) signed an agreement with Jeddah Chamber to establish an integrated logistics zone in Khumrah region, south of Jeddah, at an investment value of nearly SAR 1 billion.

 

In a statement, the authority said the move will contribute to supporting the economic development, as well as doubling national investments and partnership with the private sector.

 

The zone, spanning three million square meters, will be divided into three sub-zones.

 

The zone will provide basic services, including ready-made warehouses, storage yards, re-export areas, specialized storage and multiple logistical sites.

 

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