Maersk Saudi Arabia has signed an agreement with the Saudi Ports Authority (MAWANI) to invest $136 million to set up an Integrated Logistics Park at the Jeddah Islamic Port in Saudi Arabia.
The Greenfield project will be spread over an area of 205,000m2 and will be the first of its kind at the port, offering a range of solutions with an aim to connect and simplify the supply chains of importers and exporters in the Kingdom. The investment will be over a period of 25 years.
Maersk will also be investing heavily in renewable energy to power this facility and aim to eventually…
