Saudi Port Authority (Mawani) and Saudi Global Ports (SGP) inaugurated a SAR 1.5 bn expansion of the second container terminal at King Abdulaziz Port, according to a press statement. The terminal expansion is set to raise its capacity from 2.5 mn TEUs to 3.8 mn TEUs.

Background: Mawani awarded SGP the expansion project under a build-operate-transfer model as part of a broader SAR 7 bn development project covering developments in two of King Abdulaziz Port’s terminals back in 2023. The two expansions are set to increase the port’s total capacity by 120% to 7.5 mn TEUs. SGP has been operating the two terminals since 2020 under a 30-year concession.

PLUS- SGP broke ground on the SAR 1.3 bn integrated logistics park at King Abdulaziz Port in Dammam, after SGP and Mawani broke ground on the 1 mn sqm facility, according to a press statement. The park — spanning a 1 mn sqm area — will offer storage for general cargo and dedicated facilities to handle dry and refrigerated goods, alongside local distribution solutions and automated high-value services.

REFRESHER- SGP, a JV between the Public Investment Fund and Singapore’s PSA International, secured the contract to build the logistics park back in 2023 under an agreement valued then at SAR 1 bn.

The Dammam area has been seeing a lot of logistics action over the past few years, with two logistics zones totaling SAR 500 mn in investments announced in 2025, a SAR 200 mn grain storage hub and a logistics zone disclosed in 2024, and a SAR 150 mn logistics center from 2023. The eastern province is also planning to build an 8 mn sqm regional logistics hub, the Dammam Regional Logistics Center, near Dammam Port.

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