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Saudi Arabia signed seven agreements valued at one billion riyals to establish and expand logistics centers at Jeddah Islamic Port and Al-Khumra area, with the aim of strengthening logistics infrastructure and achieving Saudi Vision 2030. The contracts include the construction of smart warehouses, refrigerated facilities, and integrated logistics services, with durations ranging from 20 to 25 years. These initiatives will contribute to increasing Saudi ports’ capacity to accommodate trade growth and enhance the Kingdom’s position as a global logistics hub. Additionally, the projects will create more than 5,000 jobs and support the expansion of domestic and regional commercial activities, thereby boosting the Kingdom’s competitiveness in international trade movement.
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