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Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
 Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated logistics park at Al Khumrah in the south of Jeddah at a cost of one billion riyals.
The logistics development will further bolster Mawani’s role as a key player in the national transportation ecosystem and boost its drive to position the Kingdom as a global logistics destination in line with the ambitions of the National Transport and Logistics Strategy (NTLS), alongside realizing the outcomes of the National Industrial Development and Logistics Program (NIDLP) that aim to transform Al Khumrah into a world-leading platform for logistics and supply chain activities.
Designed for optimum asset utilization, the park is set to create over 10,000 direct and indirect job opportunities in the logistics sector while strengthening Jeddah Islamic Port’s pivotal position as a major maritime hub delivering top-tier services and increased throughput capacity.
Spread over 3 sq. km., the logistics park comprises of three zones that include shared warehouses, medium-sized storage yards and single warehouses, and large storage yards and on-demand warehouses. The various zones fulfil importers’ and exporters’ requirements of stocking multipurpose cargo, chilled and frozen goods, food commodities, and fragile goods while maintaining the highest standards of safety and efficiency in addition to housing dedicated areas for administrative, commercial, and residential use as well as a one-stop services center.
The park offers move-in-ready warehouses, storage yards, re-export zones, custom storage, logistics amenities, commercial units, residential units, and staff accommodation in addition to state-of-the-art infrastructure like roads and green spaces as well as a host of other essential services.
About the Saudi Ports Authority (Mawani)
Saudi Ports Authority (Mawani) was established in 1976 to oversee the operations of the Saudi ports. Since its inception, Mawani has been keen on transforming the Saudi ports into investment platforms and facilitating the Kingdom’s trade with the rest of the world. The Authority seeks to achieve an effective regulatory and commercial environment supported by an operating model that enables growth and innovation in the Kingdom's maritime industry. It also envisions developing a sustainable and prosperous ports sector to consolidate the Kingdom's position as a leading global logistics hub. Mawani strives to realize Saudi Arabia’s economic and social ambitions by ensuring reliable and efficient logistics operations, as well as creating a safe and sustainable maritime environment. Developing the Kingdom’s industrial capabilities to fulfill the objectives of the National Transport Strategy in line with Saudi Vision 2030, has and will always be one of Mawani’s main objectives, thus contributing to making Saudi Arabia a pioneer in the ports sector.
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Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK& ...
Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...
Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...
Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...
Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
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