Riyadh - Sharikat Mubasher: The Saudi Ports Authority (Mawani) signed an agreement with MEDLOG, the logistics arm of the Mediterranean Shipping Company (MSC), to build an integrated logistics park for storing and handling empty containers at Jeddah Islamic Port with investments worth SAR 175 million, the authority revealed in a statement.
The agreement was signed in the presence of Omar Hariri, President of Mawani, and Hisham Al Ansari, CEO of MSC Saudi Arabia.
The new park will be built over a total area of 100,000 square meters and will include a comprehensive service site for the maintenance and inspection of empty and full containers.
The agreement targets providing high-quality, comprehensive, and integrated logistics services, in addition to facilitating the needs of beneficiaries, and meeting the requirements of the local market in terms of transporting and handling goods with high operational capabilities.
Furthermore, the agreement aligns with the objectives of the National Transport and Logistics Services Strategy (NTLS) to consolidate the Kingdom’s position as a global logistics hub.
The logistics park is anticipated to create 400 direct and indirect job opportunities to qualify the national workforce in the logistics services sector.
