Saudi Arabia’s maritime sector is undergoing a significant transformation, positioning the country to play a crucial role in global trade. This shift is driven by Vision 2030, aiming to diversify the economy and elevate Saudi Arabia from a regional player to a global leader.
The National Transport & Logistics Strategy (NTLS) is central to this transformation, targeting an annual economic contribution of $12 billion from the logistics sector by 2030. Leveraging its strategic geographic location, Saudi Arabia is poised to become a key player in global commerce.
The Saudi Ports Authority (Mawani) is leading the charge with substantial investments in infrastructure. In 2023, $3 billion was allocated to projects including logistics parks and $1.9 billion for advanced container terminals. Jeddah Islamic Port and King Abdulaziz Port are focal points of these upgrades, featuring new terminals, deeper drafts, advanced cargo-handling systems, and expanded facilities.
Jeddah Islamic Port has attracted global shipping and logistics investors through cutting-edge technology and a business-friendly environment. The introduction of the Ports Community System, developed with Tabadul, connects all port stakeholders and offers over 250 services, boosting efficiency and sustainability.
In early 2024, Mawani signed a major contract with SANY Heavy Industry to supply 80 electric terminal tractors, underscoring its commitment to sustainable growth. Additionally, Maersk opened the world’s largest logistics park at Jeddah Islamic Port, a 225,000-square-meter facility built with a $350 million investment.
King Abdulaziz Port on the Arabian Gulf is emerging as a strategic hub with new container terminals and enhanced connectivity. Mawani’s Smart Port initiative, in collaboration with STC, Ericsson, and Huawei, integrates 5G, AI, and IoT technologies to create intelligent trade gateways.
As Mawani expands its capacity and capabilities, it actively seeks partnerships with international leaders in shipping, maritime, and logistics sectors. Situated at the intersection of three continents, Saudi Arabia is set to become a pivotal enabler of global trade, heralding a new era of opportunity and growth for the Kingdom.