The Saudi Arabia Ports Authority plans to construct a logistics park in Dammam, with an estimated cost of $266 million.

Saudi Arabia Ports Authority to build $266mn logistics park in Dammam.

The park features a bonded and re-export area specifically dedicated to sorting, distribution operations, and other value-added services

The Saudi Ports Authority (Mawani) has signed an agreement with Saudi Global Ports (SGP) to build a fully logistics park in Dammam at a total investment of nearly SAR1 billion ($266 million). 

The SGP operates two container terminals at King Abdulaziz Port in Dammam, which is a joint venture between the ‘Saudi Public Investment Fund’, the Singaporean ‘PSA International Company’, and Al Balagaa Group’.

According to Mawani, the park is designed to offer comprehensive logistics services and innovative solutions, with a strong focus on sustainable practices and systems. It includes warehouses and yards equipped to store and handle all types of dry and refrigerated goods. 

Additionally, the park features a bonded and re-export area specifically dedicated to sorting, distribution operations, and other value-added services, it stated.