Saudi increases private sector’s role in transportation sector

Mawani launches 12 private-sector investment opportunities
Saudi increases private sector’s role in transportation sector
King Abdullah Port, Saudi.

The Saudi Ports Authority (Mawani) plans to launch 12 private-sector investment opportunities this year as part of its efforts to develop the transportation sector in line with Saudi Vision 2030 and to strengthen the Kingdom’s position as a global logistics hub connecting the world’s three continents.

According to Mawani, the opportunities will include establishing and operating multi-purpose stations, as well as providing marine services in eight Saudi ports on the Red Sea and Arabian Gulf coasts. 

It noted that these promising opportunities are represented under build-operate-transfer (BOT) contracts to provide various services -including containers, general products, bulk cargo, roll on / roll off (ro-ro) goods, and livestock transportation, as well as sea cargo contracts. 

Furthermore, the contracts include providing vital marine services including pilotage, towing, and docking, as well as pollution and fire control.