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DP World, Mawani inaugurate $800 million terminal in Jeddah
Gulf Today
|March 08, 2025
DP World and Saudi Ports Authority (Mawani) have unveiled the new state-of-the-art South Container Terminal at Jeddah Islamic Port, marking a major milestone in DP World's SAR3 billion ($800 million) expansion and development programme to upgrade the terminal and enhance Saudi Arabia's position as a leading global trade hub.
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The three-year project has transformed South Container Terminal into one of the region's most advanced and sustainable container terminals, while also more than doubling the capacity from 1.8 million twenty-foot equivalent units (TEUs) to 4 million TEUs.
The expansion paves the way for a future capacity of 5 million TEUs, with additional ship-to-shore equipment to be deployed as demand grows.
Since becoming DP World's first concession outside the UAE in 1999, the Jeddah terminal has played a crucial role in regional trade. This latest expansion, under a 30-year Build-Operate-Transfer (BOT) agreement, cements Jeddah's status as a critical trade gateway and supports Saudi Arabia's Vision 2030 goals of boosting trade connectivity and economic diversification.
An official ceremony was held to mark the opening, attended by Saudi Minister of Transport and Logistic Services Saleh Bin Nasser Al-Jasser; DP World Group Chairman and CEO Sultan Ahmed bin Sulayem; CEO and Managing Director of DP World GCC Abdulla Bin Damithan; other senior representatives from DP World and Mawani, government entities, and key customers.
Cette histoire est tirée de l'édition March 08, 2025 de Gulf Today.
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