Mawani Signs 7 Deals Worth $240 Million at Saudi Maritime Congress

Mawani Signs 7 Deals Worth $240 Million at Saudi Maritime Congress

Contracts include the establishment of a new integrated logistics park at Jeddah Islamic Port

The Saudi Ports Authority (Mawani) signed seven contracts and Memorandums of Understanding (MoUs) with partners from the public and private sectors with a total exceeding $240 million.

The deals include establishment of a new integrated logistics park at Jeddah Islamic Port, developing the infrastructure according to the latest global standards, as well as developing a new ports’ management system.

As the signing took place at the Saudi Maritime Congress hosted in Dammam between 28-29 September 2022, with the patronage of HRH Prince Ahmed bin Fahd bin Salman bin Abdulaziz Al Saud, Deputy Governor of Eastern Province.

By signing the contracts and MoUs, Mawani aims to achieve complete transformation in the process of operations and logistical support at Saudi ports, in line with initiatives assigned to the Authority within the Saudi Vision 2030 program, and to fulfill the objectives of the National Transport and Logistics Strategy (NTLS).

The first contract signed with Globe Group is to build an integrated logistics park and a re-export zone at Jeddah Islamic Port over an area of 135,000 m2, in order to provide and employment opportunities and enable national companies specialized in the logistics industry.

Mawani, ZATCA Sign Deal to Optimise Operations at Jeddah Islamic Port

While the second contract was signed with PC Marine Services with a total of $146 million to cooperate in strengthening food security through Jeddah Islamic Port, by constructing new berths with a design depth of 16 m and a length of 1100 m.

PC Marine will also increase the number of berths from 26 to 31 in the multi-purpose terminal to accommodate large dry bulk vessels and develop infrastructure to receive larger dry bulk carriers and meet the local market demand of grains.

Mawani also signed a contract with Modern Building Leaders (MBL) in cooperation with Huta Hegerfeld Saudia Ltd, to implement the project of deepening the approach channels, turning basins, waterways, and the southern terminal basin at Jeddah Islamic Port with a total of $49 million, which will facilitate receiving large vessels with a capacity of 24,000 TEUs.

While Mawani signed another contract with Giza Arabia to implement the security system project at King Fahad Industrial Port in Yanbu with a total exceeding $16 million, which will increase the efficiency of facilities and managing security vulnerabilities by developing the port’s security system according to best global practices.

 Meanwhile, Mawani signed a MoU with King Abdulaziz University to implement the best practices in the fields of research, training, and academic affairs related to ports as well as the maritime transport and logistics sector. 

In addition, Mawani signed a MoU with the Saudi Accreditation Center to provide accreditation services to the conformity assessment bodies contracting with Mawani, and strengthen the cooperation in the fields of research and exchanging expertise. 

Mawani also signed a MoU with Tabadul to develop the ports’ new management systems and implement the Fourth Industrial Revolution (4IR) technologies in Saudi ports, in line with the Smart Ports initiative to expand the services provided at the ports.

The MoU will see the 46 current services reach 150 services, in order to achieve the objectives of the digital transformation in the logistics sector.

Through its participation at the Congress, Mawani focused on strengthening communication along with showcasing promising services and solutions in the Kingdom of Saudi Arabia, while it received leaders and experts within the maritime transport and logistics industry.

Read More: Mawani, Abyat to Set Up Logistics Center at King Abdulaziz Port

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