The Saudi Ports Authority (Mawani) has signed a contract with Arabian Agricultural Services Company (ARASCO) to establish a logistics center for storage and distribution at King Abdulaziz Port in Dammam.
Valued at $53 million (SAR 200 million), the center will span 40,000 square meters and aims to bolster food security in the Kingdom while increasing port capacity. This initiative aligns with the objectives of the National Transport and Logistics Strategy to solidify the Kingdom’s position as a global logistics hub.
The contract was signed by ARASCO Group CEO Ziad bin Abdullatif Al Sheikh and Chairman of the General Ports Authority Eng. Sulaiman bin Khalid Al Mazrou, in the presence of ARASCO Chairman Eng. Mohammed bin Abdullah Al Khorayef, ARASCO Group Chief Financial Officer, Fahad Al-Salameh, Sameh Abu Shaisha, Senior Vice President of Operations, Mohammed Al-Asiri, Vice President of Supply Chains in the ARASCO Feed Sector, and a number of officials from both sides.
This qualitative investment aims to enhance ARASCO’s capabilities in the field of grain unloading and storage, through the establishment of warehouses with a capacity of up to 100 thousand metric tons, with the establishment of an integrated facility for loading vehicles, in addition to the extension of tanker belts and the route of ship unloading equipment to connect berths, in a way that enhances the efficiency of operational operations and achieves logistical integration between ARASCO and the port.
This step will enable ARASCO to raise the efficiency of grain handling and increase the quantities of imports to more of 5 million metric tons per year, according to ARASCO’s upcoming five-year plan, in line with the objectives of the Kingdom’s vision and enhance the company’s leading role in supporting national food security.
