DP World and the Saudi Ports Authority (Mawani) have officially opened the South container Terminal at Jeddah Islamic Port.
The SAR 3 Billion ($800 Million) investment has modernised the terminal with cutting-edge technology, increasing its capacity from 1.8 million TEUs to 4 million TEUs. Future expansion plans aim to raise this to 5 million TEUs.
This terminal upgrade is part of a 30-year Build-Operate-Transfer (BOT) agreement.
A special ceremony was held...