Saudi Global Ports Group (SGP), through its subsidiary Modern Port Services Company Limited, has been awarded four 20-year concession agreements by the Saudi Ports Authority (Mawani) to operate multipurpose terminals along the Eastern Coast of Saudi Arabia. These terminals are located at King Abdulaziz Port Dammam (KAPD), Jubail Commercial Port (JCP), King Fahad Industrial Port Jubail (KFIP) and at Ras Al-Khair (RAK).

The signing ceremony was held in Riyadh on 23 June. The concession agreements were signed by CEO of SGP Mr Rob Harrison and the Acting President of Mawani Mr Mazen bin Ahmed Al-Turki, and witnessed by His Excellency the Minister of Transport and Logistics Services H.E. Saleh Al Jasser, and the Chairman of Board of Saudi Global Ports, Eng. Abdullah Al Zamil, and Vice Chairman of the Board of Saudi Global Ports, Mr Bakr AlMuhanna.

PSA International’s Regional CEO Europe & Mediterranean and Middle East South Asia Mr Vincent Ng said, “PSA is proud to be alongside Saudi Arabia’s growth journey for over 10 years. We are excited to continue to work alongside Public Investment Fund, Mawani and other stakeholders in the Kingdom, supporting SGP with our global expertise and network as it expands its ecosystem to include capabilities that can bring new and differentiated value to the Kingdom’s ports and logistics sector.”

For more information, please click HERE for the press release.