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Jeddah to get logistics city with 650M riyals
A investment fund worth 650 million Riyals has been launched to develop a logistics city in Jeddah Governorate, western Saudi Arabia, with the aim of enhancing land and logistics service offerings and supporting the city's position as a regional logistics hub. The project includes the creation of a large logistics zone spanning 320,000 square meters, and is expected to meet approximately 5% of the local market’s warehouse needs. The development is anticipated to be completed within 18 months, with properties to be put up for sale before the end of 2027. This initiative aligns with the expansion of Jeddah Ports and infrastructure improvements, all aimed at boosting productivity and closing the gap between supply and demand for logistics services in the region.
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