CONSTRUCTION is underway on the largest logistics park in Saudi Arabia, a US$240 million collaboration between Mawani and DP World.
The 415,000 square-metre integrated logistics park at Jeddah Islamic Port will have bonded and un-bonded zones, dry, chilled and cold storage facilities among its grade-A warehouse spaces, reports UK's Seatrade Maritime News.
The greenfield facility is located alongside DP World's South Container Terminal and will include 185,000 square metres of warehouse space and an expansive storage yard with capacity for 390,000 pallet positions.
Rooftop solar panels will generate some 20MW of electricity for the site, a feature DP World has installed on many of its global locations.
Jeddah Logistics Park will be developed in two phases with a planned opening date in the second quarter 2025.
The initiative was established in 2022 under a 30-year concession ??apart from another concession of the same length for DP World to operate the South Container Terminal, which was signed in 2020.
The South Container Terminal is set to come online in Q4 2024 after a modernization project to bring its throughput capacity to 5 million TEU, the partners said.
The groundbreaking at the park follows the opening of DP World freight forwarding offices in Dammam, Jeddah and Riyadh, expanding the group's footprint in the kingdom.
SeaNews Turkey
The 415,000 square-metre integrated logistics park at Jeddah Islamic Port will have bonded and un-bonded zones, dry, chilled and cold storage facilities among its grade-A warehouse spaces, reports UK's Seatrade Maritime News.
The greenfield facility is located alongside DP World's South Container Terminal and will include 185,000 square metres of warehouse space and an expansive storage yard with capacity for 390,000 pallet positions.
Rooftop solar panels will generate some 20MW of electricity for the site, a feature DP World has installed on many of its global locations.
Jeddah Logistics Park will be developed in two phases with a planned opening date in the second quarter 2025.
The initiative was established in 2022 under a 30-year concession ??apart from another concession of the same length for DP World to operate the South Container Terminal, which was signed in 2020.
The South Container Terminal is set to come online in Q4 2024 after a modernization project to bring its throughput capacity to 5 million TEU, the partners said.
The groundbreaking at the park follows the opening of DP World freight forwarding offices in Dammam, Jeddah and Riyadh, expanding the group's footprint in the kingdom.
SeaNews Turkey