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Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments
Under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority (Mawani), the Authority, in collaboration with the National Center for Privatization (NCP), signed a series of landmark Build-Operate-Transfer (BOT) contracts to privatize multipurpose cargo terminals across eight key Saudi ports. These agreements span a 20-year period and mark a significant milestone in the Kingdom's logistics and maritime sector.
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[{"type":"text","content":"RIYADH, Saudi Arabia, June 26, 2025 /PRNewswire/ -- Under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority (Mawani), the Authority, in collaboration with the National Center for Privatization (NCP), signed a series of landmark Build-Operate-Transfer (BOT) contracts to privatize multipurpose cargo terminals across eight key Saudi ports. These agreements span a 20-year period and mark a significant milestone in the Kingdom's logistics and maritime sector.","length":553,"tagName":"p"},{"type":"image","alt":"Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments","displaySize":"","headline":null,"caption":"Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments","className":"","disableSlideshowImg":false,"size":{"original":{"width":137,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/4cc96005088b2cf2cd6bbd4c867efeb5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/V72pTtVoz3cMjiVa5xLS9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTYxMztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4cc96005088b2cf2cd6bbd4c867efeb5","width":137,"height":400}}},{"type":"text","content":"The contracts, signed with national champions Saudi Global Ports and Red Sea Gateway Terminal Company, will bring over SAR 2.2 billion in private sector investments to enhance port capabilities and competitiveness.","length":214,"tagName":"p"},{"type":"text","content":"The ceremony was attended by senior dignitaries including Mr. Mazen bin Ahmed Al-Turki, Acting President of Mawani; Eng. Abdullah bin Mohammed Al-Zamil, Chairman of Saudi Global Ports; and Mr. Aamer Alireza, Chairman of Red Sea Gateway Terminal, along with several high-ranking officials.","length":288,"tagName":"p"},{"type":"text","content":"Speaking at the event, H.E. Eng. Al-Jasser emphasized the strategic importance of these agreements, stating that the continuous flow of private investments into Saudi ports reflects the strength and global appeal of the Kingdom's logistics ecosystem. He attributed the sector's growing efficiency and international standing to the unwavering support of the Custodian of the ...