{"id":80399,"date":"2024-08-15T00:00:00","date_gmt":"2024-08-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/08\/15\/mawani-al-jeri-ink-sar-160-mn-agreement-for-two-logistics-zones\/"},"modified":"2024-08-15T00:00:00","modified_gmt":"2024-08-15T00:00:00","slug":"mawani-al-jeri-ink-sar-160-mn-agreement-for-two-logistics-zones","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/08\/15\/mawani-al-jeri-ink-sar-160-mn-agreement-for-two-logistics-zones\/","title":{"rendered":"Mawani + Al Jeri ink SAR 160 mn agreement for two logistics zones"},"content":{"rendered":"

Mawani + Al Jeri <\/strong>partner up on two logistics zones: <\/strong>The Saudi Port Authority (Mawani) and Al Jeri Logistics Services have inked two contracts worth SAR 160 mn to develop two logistics zones for storing and handling container at Jeddah Islamic Port and King AbdulAziz Port in Dammam, according to a press release<\/a>. The zones aim to strategically position Saudi Arabia as a logistics hub and a gateway for the three continents. <\/p>\n

The details: <\/strong>The two zones \u2014 which cover an area up to 150k sqm \u2014 will aim to increase the operational efficacy of both ports, strengthen trade, and streamline supply chain operations in line with Saudi Arabia\u2019s National Transport and Logistics Strategy<\/a>. <\/p>\n

What we don\u2019t know: <\/strong>It is unclear at this stage how Al Jeri will contribute to the development of the logistics zones. The firm operates a service fleet of over 1,250 trucks and 3k trailers to transport asphalt, industrial and consumer grade fuels including A1 jet fuel, cement, and general goods, according to the company\u2019s website<\/a>. <\/p>\n

There\u2019s been a lot of action this year at Jeddah Islamic Port: <\/strong>Mawani DP World broke ground on a SAR 900 mn logistics park<\/a> at Jeddah Islamic Port back in May which is set to open in 2Q 2025. The port authority and Global Maritime Services Company also finalized the blueprint for a SAR 219 mn development<\/a> at Globe Park in Jeddah Islamic Port that same month. Mawani also partnered with MSC logistics arm Medlog to establish a SAR 175 mn<\/a> integrated logistics park at Jeddah Islamic Port earlier this year in March. <\/p>\n","protected":false},"excerpt":{"rendered":"

The 150k sqm zones aim to boost operations at Jeddah Islamic Port and King Abdul Aziz Port in Dammam<\/p>\n","protected":false},"author":1,"featured_media":80400,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45],"tags":[44,176,31,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-80399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-investment-watch","tag-logistics-zone","tag-saudi-arabia","tag-zones","wpautop","entry"],"acf":{"mongo_id":"0cdc407c-d3d7-4215-be6d-e058b39d14a2","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/1403.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Mawani + Al Jeri ink SAR 160 mn agreement for two logistics zones","related_issue":[80392],"teaser":"The 150k sqm zones aim to boost operations at Jeddah Islamic Port and King Abdul Aziz Port in Dammam","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.e9201cb9-2023-473a-8846-8ab89ad32549.mp3"},"yoast_head":"\nMawani + Al Jeri ink SAR 160 mn agreement for two logistics zones - 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