Saudi Arabia’s port operator Saudi Global Ports Group (SGP) celebrated a landmark moment in Saudi Arabia’s logistics development with the official inauguration of the Terminal 2 Berth Expansion under SGP Container Terminals and the groundbreaking of the Dammam Integrated Logistics Zone at King Abdulaziz Port Dammam (KAPD) on November 23, the company said in a news release.
The Dammam Integrated Logistics Zone, located adjacent to KAPD and spanning 1 million square metres, will be managed by SGP Freezones.
The project represents an investment of up to SAR 1.3bn and is designed to provide modular warehousing, cold chain and vehicle storage facilities, re-export and light manufacturing zones, and areas dedicated to petrochemical products, e-commerce storage, and container handling.
Linked directly to SGP Container Terminals, SGP Multipurpose Terminals and SGP Intermodal (the Riyadh Dry Port Ecosystem), the logistics zone will deliver an integrated trade solution connecting sea, land, and industrial logistics for domestic and international customers.
The Terminal 2 expansion adds 225 metres to the existing 700 metres of quay length, allowing two mega container vessels to berth at the same time.
Together with Terminal 1, the consolidated handling capacity is expected to reach 3.8 million TEUs in 2025.
SGP is a partnership between the Public Investment Fund (PIF), PSA International (PSA) and the shareholders of Al Blagha Holding for Investments (ABHI).
It operates and manages a diverse portfolio including the deepsea container terminals and multipurpose terminals at King Abdulaziz Port Dammam, multipurpose terminals at Jubail Commercial Port, King Fahd Industrial Port and Ras Al-Khair Port, three rail-linked terminals under the Riyadh Dry Port Ecosystem (SGP Intermodal) and is also developing the Dammam Integrated Logistics Zone.
