The Saudi Ports Authority (Mawani) and Dammam-based Sultan Logistics have signed a contract to establish a logistics zone in the Al-Khumra area of Jeddah Islamic Port.

The project, spanning 200,000 square metres (sqm), is valued at 250 million Saudi riyals ($66.61 million), Mawani said in a post published on social messaging platform X.

The zone will include integrated operational facilities such as warehouses, dedicated areas for storing and maintaining dry and refrigerated containers and a re-export zone.

The new zone will enhance Jeddah Islamic Port's competitive advantage on the Red Sea by providing high-quality logistics services and enabling the private sector to contribute to the economy and promote economic diversification in the Kingdom.

Jeddah Islamic Port has 62 multi-purpose berths and an annual capacity of 130 million tonnes.

(Editing by Anoop Menon) (anoop.menon@lseg.com)

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