The Saudi Ports Authority (Mawani) has awarded four 20-year concession agreements to Saudi Global Ports Group (SGP) to operate multipurpose terminals. The agreements, signed by SGP CEO Rob Harrison and Mawani’s Acting President Mazen bin Ahmed Al-Turki, cover terminals at King Abdulaziz Port in Dammam, Jubail Commercial Port, King Fahad Industrial Port Jubail, and Ras Al-Khair Port. This strategic move aims to enhance the Kingdom’s logistics capabilities and support its economic transformation.
Investment and Integration
Under the terms of the agreements, SGP plans to invest over 700 million Saudi Riyals (approximately $187 million) to upgrade the terminals and purchase new equipment. The company’s goal is to integrate these new facilities with its existing operations in Dammam and Riyadh, creating a more efficient and resilient logistics ecosystem. This modernization is intended to serve as a key enabler for the major development projects currently underway in Saudi Arabia.
According to Eng. Abdullah Al Zamil, Chairman of the Board of Saudi Global Ports, the company is proud to be entrusted with the opportunity to develop these terminals as part of its role as a “National Champion” for ports and logistics in the Kingdom.
Driving Vision 2030 and Workforce Development
The concession agreements are a critical part of Saudi Arabia’s Vision 2030, which seeks to diversify the economy and establish the nation as a global logistics hub. In collaboration with its technical partner, PSA International, SGP will also implement specialized training programs for the workforce at all terminals. The training will focus on global best practices in safety, operations, and sustainability, drawing on PSA’s extensive experience in managing multipurpose terminals worldwide.
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