This project is currently under planning stage.
Saudi Ports Authority (Mawani) announced the actual execution of the largest BOT agreement to operate and develop the container terminals at King Abdulaziz Port. Under the agreement, SGP will assume, starting from October 1, 2020, the management of both the first and second container terminals upon their consolidation in King Abdulaziz Port; thus, becoming the largest smart container handling terminal in the Middle East. The first container terminal was handed over by Mawani to SGP in less than six months following the signing of the BOT agreement between both parties. Upon completion of planned expansion works, the new contract award will contribute to increasing the annual handling capacity in King Abdulaziz Port to 7.5 million TEUs, an increase of more than 120%.
Project is currently in planning stage.
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