The Saudi Ports Authority (Mawani) has entered into a strategic agreement with Alissa Universal Motors, a subsidiary of Abdullatif Alissa Group Holding, in order to establish a state-of-the-art logistics park at King Abdulaziz Port in Dammam.
The project, valued at up to approximately $80 million (SAR 300 million), will span a total area of 382,000 square meters. Designed to enhance Saudi Arabia’s logistics and transportation infrastructure, the new park will serve as a major hub for the import, storage, and re-export of vehicles and spare parts.
This initiative aligns with the Kingdom’s efforts to strengthen its position as a global logistics center under the Vision 2030 framework, while also supporting the growth of the automotive sector and boosting regional trade connectivity.
The agreement was signed by Acting President of the Mawani Mazen bin Ahmed Al-Turki and Managing Director of Abdullatif Alissa Group Holding Abdullah Abdulmohsen Alissa.
According to the press release issued by Mawani, the establishment of the logistics park is part of Mawani’s initiatives aligned with the objectives of the National Transport and Logistics Strategy. It aims to create high-efficiency logistics parks within and beyond the ports, supporting national development and empowering the Kingdom’s economic and social ambitions under Saudi Vision 2030.
The logistics park will include a 7,000-square-meter warehouse for spare parts storage and a logistics area capable of accommodating more than 13,000 vehicles and trucks.
Further, this initiative will enhance the competitive advantage and regional standing of King Abdulaziz Port as a logistics hub, provide specialized logistics services, increase private sector contributions to economic development, and promote economic diversification.
King Abdulaziz Port in Dammam plays a pivotal role in connecting the Kingdom to global economies. The port is distinguished by its advanced infrastructure and integrated logistics facilities, making it an attractive destination for major international companies.
