Saudi Arabia’s Ports Authority (Mawani) signed a major agreement with Sultan Logistics to develop a new logistics zone.
The project, located at King Abdulaziz Port in Dammam, focuses on strengthening Saudi Arabia’s logistics sector.
The investment is valued at SAR 200 million ($53.3 million) and will cover an area of 197,000 square meters.
Mazen bin Ahmed Al-Turki, Acting President of Mawani, signed the deal with Sultan Logistics Chairman Ali Sultan Al-Qahtani.
Several officials attended the signing ceremony, underlining the project’s importance to Saudi Arabia’s transport ambitions.
The new logistics zone will feature 35,000 square meters of warehousing, administrative offices, and container maintenance yards.
This development plays a crucial role in strengthening Saudi Arabia’s logistics sector by boosting port competitiveness.
The project aligns with the National Transport and Logistics Strategy, aiming to expand logistics zones nationwide.
Saudi Arabia seeks to become a global logistics hub as part of its broader Vision 2030 economic transformation plan.
The logistics zone at King Abdulaziz Port will attract private sector investments and diversify the national economy.
By offering specialized services, the zone will improve shipping operations and supply chain resilience across the region.
In 2024 alone, Saudi Arabia launched or broke ground on eight logistics zones and centers across the Kingdom.
These projects represent private sector investments totaling approximately SAR 2.9 billion ($773 million).
Mawani oversees a comprehensive plan involving over SAR 10 billion ($2.66 billion) in 20 new logistics zones.
One major milestone this year was the opening of Maersk’s largest global logistics investment at Jeddah Islamic Port.
That facility, valued at SAR 1.3 billion ($346.5 million), spans a massive 225,000 square meters.
Such projects highlight Saudi Arabia’s aggressive push toward strengthening Saudi Arabia’s logistics sector.
