"Mawani" Signs 7 Logistics Agreements with Investments Approaching 1 Billion Riyals
The Saudi Ports Authority (Mawani) signed seven investment agreements with several national and international companies, with a total investment value close to 1 billion riyals, during the inauguration ceremony of the truck staging area at Jeddah Islamic Port, in a move aimed at enhancing logistics infrastructure and supporting the Kingdom's position as a global logistics hub.
The agreements included signing an agreement with Masdar Company to establish an integrated logistics center supporting handling, storage, and distribution operations, along with an agreement with Al-Gharb Group to establish a logistics center dedicated to supporting commercial activities and marine services.
Mawani also signed an agreement with Al-Shatri Store Company to establish an integrated logistics center serving import, export, and logistics services, in addition to an agreement with Jadir Company to establish an integrated logistics center providing storage services.
As part of enhancing existing investments, Mawani signed an agreement with the global company Maersk to expand the company's logistics center, contributing to raising the efficiency of services provided and enhancing operational capabilities.
The agreements also included signing two agreements with JD Company, the first to establish an integrated logistics center to support digital logistics services and re-export in the Al-Khomra area, and the second to establish a logistics center supporting handling, storage, and distribution operations.
Original source: Akhbaar24
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