PSA subsidiary Saudi Global Ports (SGP) wants to make King Abdulaziz Port Dammam (KAPD) into Saudi Arabia’s leading container hub, with a $1.8bn investment.
SGP has operated Dammam’s second container terminal since it opened in 2015, and last week it took over the port’s first terminal, following a build operate and transfer agreement with Saudi Ports Authority.
Hutchison Ports Dammam had held terminal concession for 23 years, but lost out to SGP’s …
The post SGP unveils mega-hub ambitions as it...
https://theloadstar.com/sgp-unveils-mega-hub-ambitions-as-it-takes-over-second-terminal-at-kapd/