DP World and Saudi Ports Authority (MawaniMawani) have announced the commencement of construction of a new SAR900 million ($250 million) logistics park at Jeddah Islamic Port to provide state-of-the-art storage and distribution facilities and boost trade in the Kingdom of Saudi Arabia and the wider region. The 415,000 sq m greenfield facility will feature 185,000 sq m of warehousing space and a multi-purpose storage yard, making it the largest integrated logistics park in the Kingdom. It will have the capacity for more than 390,000 pallet positions, offering customers a platform for the seamless flow of goods to and from Jeddah, according to a press release from DP World.
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