Global ports operator DP World and the Saudi Ports Authority have begun construction on a logistics park in the coastal city of Jeddah, which is expected to grow the kingdom as a crucial trade hub in the Middle East.
The 900 million Saudi riyal ($240 million) Jeddah Logistics Park at Jeddah Islamic Port will be built over 415,000 square metres, making it Saudi Arabia’s largest integrated logistics park, Dubai Media Office said on Sunday.
The greenfield site will host 185,000 square metres of warehousing space, which will be able to hold more than 390,000 pallet positions and give customers…
