The Saudi Ports Authority (Mawani) has signed an agreement with CMA CGM Group to build an integrated logistics platform at Jeddah Islamic Port. The new facility will be established on 130,000 sq m of land leased by the port administration with the overall aim of developing an efficient sector-wide logistics mechanism and boosting the Kingdom’s profile as a global logistics hub connecting three continents.
The deal was signed by HE Omar Talal Hariri, President of Mawani, and Xavier Eiglier, CMA CGM Group’s Regional Director for the Middle East Gulf, Indian Subcontinent, Indian Ocean Islands, and Southern and Eastern Africa, in the presence of senior officials from both sides and a host of leading industry executives.
Xavier Eiglier, Regional Director, Middle East Gulf, ISC, Indian Ocean Islands, Southern and Eastern Africa, of the CMA CGM Group said: “This project marks the Group’s first integrated logistics platform in the Middle East and will help in expanding our service offering to our Saudi and global customers to use Jeddah as a transit hub for trading across the wider region. It will also enable our Group to expand its regional shipping and logistics network, where we see a lot of growth potential.”
Jeddah Islamic Port is Saudi Arabia’s top import and export destination, receiving 75.0% of the nation’s total inbound maritime trade and transhipments. With an annual capacity of 130m tons, the Red Sea’s leading re-export hub features 62 berths and four terminals.
Source: CMA CGM
