Mawani signs privatization contracts for multipurpose cargo terminals at eight Saudi ports with private sector investments exceeding SAR 2.2bln

Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports

In the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Mawani, in collaboration…

Saudi Arabia strikes eight port terminal deals

The Saudi Ports Authority (Mawani) has sealed long-term concession contracts worth over SAR2.2bn ($586m) to develop and operate multipurpose cargo terminals at eight major ports across the Kingdom. The 20-year agreements have been awarded to two international port operators: Saudi Global Ports (SGP), a subsidiary of Singapore’s PSA, and Red Sea Gateway Terminal Company (RSGT), …

Mawani signs privatization contracts for multipurpose cargo terminals at eight Saudi ports with private sector investments exceeding SAR 2.2bln

In the Presence of H.E. Al-Jasser