Saudi Ports Authority presents 12 investment opportunities to the private sector

Saudi Exports - GDP

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The General Authority for Saudi Ports (M ports) revealed its intention to launch 12 investment opportunities for the private sector in 2022. The opportunities include the development and operation of multi-purpose terminals and the provision of maritime services in eight Saudi ports on the Red Sea and Arabian Gulf coast.

The Authority added that they include outsourcing contracts, where these promising opportunities are represented by BOT agreements to provide various services including containers, general cargo, bulk cargo, roll-on/roll-off cargo, livestock, and marine services contracts, as well as agreements to provide basic marine services, including pilotage, towing, docking, and additional marine services such as pollution control and firefighting.

The most promising opportunities are represented by agreements to provide basic marine services, including pilotage, towing, docking, and additional marine services such as pollution control and fire control.

Ports emphasized that it seeks to enhance the participation of the private sector in the development of Saudi ports, believing in its role, which contributes to the establishment of various development projects that contribute to achieving added value to the national economy, enhancing the investment environment and trade movement in the Kingdom, and improving the services provided to beneficiaries.

Through the Supervisory Committee for Privatization in the Transport Sector and in active strategic partnership with the private sector, MAPP aims to develop this sector by optimizing capacity utilization, raising operational efficiency, providing logistics services to achieve the objectives of the National Strategy for Transport and Services in accordance with Saudi Vision 2030, and enhancing the Kingdom's position as a global logistics hub connecting the three continents of the world.