SGP to invest SAR 3.5 bn in Dammam’s King Abdulaziz Port by 2030
The funds will be injected into its container terminals, equipment, and Dammam logistics park
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The funds will be injected into its container terminals, equipment, and Dammam logistics park
Arasco will set up a storage and distribution center in Dammam, while Q Saudi Trading Company will build an integrated…
The projects span across more than 3.3 mn sqm of space
PLUS: SGP breaks ground on SAR 1.3 bn logistics park near Dammam port
Construction on the hub will start next year, and it’s scheduled to open in 2027
The warehousing facility is built on a 576.7k sqm plot and has been under construction since 1Q 2023
Maier succeeds Amadou Diallo after 8 years as CEO.
The acquisition marks the asset manager’s fourth logistics asset in the Kingdom
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