Saudi Ports Signs $266 Million Deals to Expand Jeddah Logistics Hubs
The Saudi Ports Authority (Mawani) signed seven logistics agreements worth approximately SAR 1 billion ($266 million) to expand storage and distribution facilities at Jeddah Islamic Port and the Al-Khumra logistics zone, marking a major step in the kingdom's effort to strengthen trade infrastructure and supply-chain capacity[1][2]. Spanning over 384,000 square meters, these new centers are designed to handle rapid trade growth and create more than 5,000 direct and indirect jobs in alignment with Saudi Vision 2030[1]. The deals involve partnerships with major firms including Maersk, JD Co., and Jadeer Co. to build integrated logistics hubs that support digital services, re-export activities, and efficient cargo handling. This expansion brings the total number of port-based logistics centers in Saudi Arabia to 34, with 17 located at Jeddah Islamic Port, representing cumulative investments exceeding SAR 14 billion. By leveraging strategic road connections to the port, airport, and highways, the project positions Saudi Arabia as a global logistics hub along the Red Sea while enhancing economic development through private-sector partnerships.
