Saudi Arabia expands ports once again by signing new BOT contracts worth more than SAR 2.2 billion, or $586 million. These agreements aim to modernize and boost operations at eight major seaports across the Kingdom.
Mazen Al-Turki, Acting President of the General Authority for Ports (Mawani), led the signing ceremony. He emphasized that these long-term contracts represent a fresh milestone for national infrastructure progress.
Each contract spans 20 years and is part of a broader public-private partnership framework. The initiative brings in both domestic and global investors, creating opportunities to grow port capacity and operational strength.
This step supports Saudi Arabia’s National Transport and Logistics Strategy. The country aims to become a global logistics hub through improved connectivity and enhanced maritime services.
Previously, the government secured investments exceeding SAR 16 billion to develop key container terminals. These included upgrades at Jeddah Islamic Port and King Abdulaziz Port in Dammam.
In addition, the Authority has already launched 20 logistics zones. These projects attracted more than SAR 10 billion in funding from private partners.
Al-Turki pointed out that Saudi Arabia expands ports through innovation, technology, and strong partnerships. He highlighted rising international performance indicators that show the Kingdom’s growing impact in the maritime sector.
Eng. Saleh Al-Jasser, Minister of Transport and Chairman of Mawani, also praised the new contracts. He noted that the surge in private investment confirms Saudi Arabia’s appeal as a logistics and transport powerhouse.
Under the new BOT agreements, Saudi Global Ports will manage terminals on the east coast. These include King Abdulaziz Port, Jubail Commercial Port, Ras Al Khair Port, and King Fahd Industrial Port in Jubail.
Meanwhile, Red Sea Gateway Terminal will oversee west coast ports. These include Jeddah Islamic Port, Jazan Port, and both commercial and industrial ports in Yanbu.
Importantly, King Fahd Industrial Port in Yanbu will see a full technology upgrade. This includes new cranes, trucks, trailers, and other equipment to boost handling speed and efficiency.
Through these moves, Saudi Arabia expands ports while improving trade flow and strengthening its position in the global maritime industry.
