Saudi ports authority company Mawani is to sign a deal with global port operator DP World and regional port operator Red Sea Gateway Terminal (RSGT) to develop and operate the container terminals at Jeddah Islamic Port.
The Build, Operate, and Transfer (BOT) contracts, are set to be signed before the end of 2019. Mawani says this project “highlights an advanced phase of development pursued by Mawani through which it seeks to strengthen its partnerships with the private sector and elevate its capabilities, operational capacities, and competitive offerings.”
