The Saudi Ports Authority (Mawani) has signed an agreement with Abyat to build a regional logistics center at King Abdulaziz Port in Dammam for distribution and assembly, over an area exceeding 81km2 and more than $27 million worth of investment.
The agreement was signed by H.E Mr. Omar Talal Hariri, President of Mawani, and Mr. Yasser Hassan Abul, Chairman of Abyat with the presence of senior executives from both sides.
H.E Mr. Hariri said: “The agreement reflects the Authority’s efforts in utilizing Saudi ports’ location which is positioned on international trade lines, to create regional centers for distribution and shipping, along with facilitating the supply chain and trade in the region.
“King Abdulaziz Port’s strategic location creates competitiveness for investors who are interested in building integrated logistics centers that provide value-added services, as part Mawani’s initiatives which align with the objectives of the National Transport and Logistics Strategy as well as Saudi Vision 2030.”
Mr. Yasser Hassan Abul expressed his enthusiasm over the partnership with Mawani to build a regional center that supports Abyat’s logistics operations at King Abdulaziz Port in Dammam.
As Mawani continues the efforts of transforming the 19 sq km port, which has been linked to Riyadh Dry Port, to provide integrated operational services, with 43 multipurpose berths, and the capacity of 105 million tonnes.
King Abdulaziz Port is equipped to receive the largest vessels, and handle different types cargoes, as well as containing a container terminal, two general cargo terminals, and ancillary terminals, while having ship repair yard which contains two floating docks capable of accommodating vessels of up to 215 meters.
Source : transportandlogisticsme