Saudi Arabia’s sovereign-led Saudi Global Ports Company (SGP) has joined forces with Chinese heavy equipment titan SANY in a landmark agreement valued at 7 billion riyals (approximately $1.865 billion). The collaboration is aimed at advancing sustainable practices within the nation’s port facilities.
In a historic move, SANY will provide 80 electric trucks to the King Abdulaziz Port in Dammam, marking the largest deal of its kind for the Chinese company. The announcement was made by the Saudi General Ports Authority (Mawani), emphasizing the significance of the contract.
Omar bin Talal Hariri, who leads Mawani, lauded the agreement as a pivotal step towards enhancing and modernizing the King Abdulaziz Port. His vision is to transform the facility into a dynamic and sustainable logistic hub.
As part of the broader National Transport and Logistics Strategy, this initiative underlines Saudi Arabia’s ambition to establish itself as a premier global logistics center, strategically linking three continents.