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Mawani awards BOT contracts to SGP, RSGT: The Saudi Ports Authority (Mawani) — in partnership with the National Centre for Privatization and PPP — awarded SAR 2.2 bn build, operate, and transfer (BOT) contracts to Saudi Global Ports (SGP) and Red Sea Gateway Terminal (RSGT), it said in a statement yesterday.
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The details: The 20-year concession contracts concessions cover multipurpose cargo terminals at eight major ports across the Kingdom, where SGP will develop, operate, and manage terminals on the East Coast, while RSGT will oversee operations on the West Coast.
On the East coast: SGP — backed by the PIF and PSA International — will invest SAR 700 mn (c. USD 187 mn) to revamp and operate multipurpose terminals in four Eastern ports, including King Abdulaziz Port in Dammam, Jubail’s Commercial Port, King Fahd Industrial Port, and Ras Al Khair Port, the company said in a press release (pdf) yesterday.
.. and on the West coast: RSGT — backed by the PIF and Sisco Holding — will invest some SAR 1.6 bn over 20 years to upgrade and operate the multipurpose terminals in four western ports — Jeddah Islamic Port, Yanbu’s Commercial Port, King Fahd Industrial Port, and Jazan Port, RSGT’s parent company Sisco Holding said in a press release (pdf).
RSGT plans to invest SAR 672 mn (USD 180 mn) in the first five years alone to enhance infrastructure, equipment, and technology in the four western ports. These facilities are expected to handle an annual average of 3 mn tons of general cargo, 13 mn tons of bulk, 13.5 mn tons of liquid bulk, 710k vehicles, and 8 mn heads of livestock, the release added.
DATA POINT- Ports supervised by Mawani handled 625.4k TEUs in April 2025, up 13.4% y-o-y. The growth was driven by a 22.5% y-o-y jump in imported containers to 259.4k TEUs and an 8% rise in exported containers to 233.8k TEUs. Transshipment volumes also saw a 7.5% uptick to 132.2k TEUs. Meanwhile, overall cargo volumes declined 2.4% y-o-y to 20.5 mn tons during the month.
