Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments ##### Up next ![NEW SINGAPORE STUDY TO ASSESS GROWING PREVALENCE AND IMPACT OF FOOD ALLERGIES](https://i0.wp.com/r2.thailandbusinessnews.net/2025/06/20250626_NUHS_CTS5094_PRESS.jpg?resize=200%2C110&ssl=1 "NEW SINGAPORE STUDY TO ASSESS GROWING PREVALENCE AND IMPACT OF FOOD ALLERGIES") [](https://thailandbusinessnews.net/press-release/new-singapore-study-to-assess-growing-prevalence-and-impact-of-food-allergies/) ###### [NEW SINGAPORE STUDY TO ASSESS GROWING PREVALENCE AND IMPACT OF FOOD ALLERGIES](https://thailandbusinessnews.net/press-release/new-singapore-study-to-assess-growing-prevalence-and-impact-of-food-allergies/) Published on 26 June 2025 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) ![](https://mma.prnasia.com/media2/2702111/5390315/The_Saudi_Ports_Authority_Logo.jpg?p=medium600 "logo") RIYADH, Saudi Arabia, June 26, 2025 /PRNewswire/ — Under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority (Mawani), the Authority, in collaboration with the National Center for Privatization (NCP), signed a series of landmark Build-Operate-Transfer (BOT) contracts to privatize multipurpose cargo terminals across eight key Saudi ports. These agreements span a 20-year period and mark a significant milestone in the Kingdom’s logistics and maritime sector. [![Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments](https://mma.prnasia.com/media2/2720061/Mawani_Signs_Privatization_Contracts.jpg?p=medium600 "Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments")](https://mma.prnasia.com/media2/2720061/Mawani_Signs_Privatization_Contracts.jpg?p=medium600) Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports with Over SAR 2.2 Billion in Private Sector Investments The contracts, signed with national champions Saudi Global Ports and Red Sea Gateway Terminal Company, will bring over SAR 2.2 billion in private sector investments to enhance port capabilities and competitiveness. The ceremony was attended by senior dignitaries including Mr. Mazen bin Ahmed Al-Turki, Acting President of Mawani; Eng. Abdullah bin Mohammed Al-Zamil, Chairman of Saudi Global Ports; and Mr. Aamer Alireza, Chairman of Red Sea Gateway Terminal, along with several high-ranking officials. Speaking at the event, H.E. Eng. Al-Jasser emphasized the strategic importance of these agreements, stating that the continuous flow of private investments into Saudi ports reflects the strength and global appeal of the Kingdom’s logistics ecosystem. He attributed the sector’s growing efficiency and international standing to the unwavering support of the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince. "These partnerships are a cornerstone of our mission to establish Saudi Arabia as a global logistics hub," he noted. "They align closely with the National Transport and Logistics Strategy and the broader goals of Vision 2030." H.E. Mr. Mohannad bin Ahmed Basodan, CEO of NCP, affirmed the Center’s commitment to enabling the private sector to deliver enhanced services and operational performance. "This project represents one of the most comprehensive privatization initiatives in the Kingdom’s maritime domain," he said, citing its alignment with international benchmarks and its long-term economic impact. Under the new BOT model, Saudi Global Ports will assume development and operational responsibilities at four Eastern Province ports: King Abdulaziz Port in Dammam, Jubail Commercial Port, King Fahd Industrial Port in Jubail, and Ras Al-Khair Port. Meanwhile, Red Sea Gateway Terminal will oversee operations and development at four ports in the Western Province: Jeddah Islamic Port, Yanbu Commercial Port, King Fahd Industrial Port in Yanbu, and Jazan Port. Enhancements at King Fahd Industrial Port in Yanbu will focus on increased container capacity through state-of-the-art STS and RTG cranes, smart yard equipment, and reduced truck and vessel turnaround times — ultimately elevating overall port efficiency. These contracts were approved by the Supervisory Committee for Privatization in the Transport and Logistics Sector, chaired by H.E. Eng. Al-Jasser, and reflect the Kingdom’s drive to expand port capabilities, stimulate economic diversification, and deliver sustainable development outcomes in line with Saudi Vision 2030. [Source link ](https://www.prnasia.com/story/archive/4719477_AE19477_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/xinhua-silk-road-e-china-ancient-town-beckons-holiday-travelers-with-lively-folk-custom-vibe/) ## Xinhua Silk Road: E. China ancient town beckons holiday travelers with lively folk custom vibe BEIJING, March 13, 2026 /PRNewswire/ — In Zaozhuang City of east China’s… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - March 13, 2026 [](https://thailandbusinessnews.net/press-release/bybit-institutional-to-host-gala-in-abu-dhabi-marking-the-new-era-of-institutional-digital-finance/) ![Bybit Institutional to Host Gala in Abu Dhabi, Marking "The New Era of Institutional Digital Finance"](https://i0.wp.com/mma.prnasia.com/media2/2267288/Logo.jpg?resize=260%2C140&ssl=1 "Bybit Institutional to Host Gala in Abu Dhabi, Marking "The New Era of Institutional Digital Finance"") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Bybit Institutional to Host Gala in Abu Dhabi, Marking "The New Era of Institutional Digital Finance" DUBAI, UAE, Dec. 4, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - December 3, 2025 [](https://thailandbusinessnews.net/press-release/republic-power-group-limited-announces-strategic-investment-and-technology-access-agreement-to-enter-high-growth-rwa-tokenization-and-blockchain-infrastructure-markets/) ## Republic Power Group Limited Announces Strategic Investment and Technology Access Agreement to Enter High-Growth RWA Tokenization and Blockchain Infrastructure Markets Transaction Marks First Phase of RPGL’s Expanded Digital Asset Strategy, Providing Equity… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - April 27, 2026 ##### Most Read - [![Picarro Launches the P-Cubed Mobile App, Putting Smarter Natural Gas Leak Investigations in Field Technicians' Hands](https://i0.wp.com/r2.thailandbusinessnews.net/2025/10/Picarro_launches_PCubed_Mobile_App.jpg?fit=600%2C336&ssl=1&resize=40%2C40)](https://thailandbusinessnews.net/press-release/picarro-launches-the-p-cubed-mobile-app-putting-smarter-natural-gas-leak-investigations-in-field-technicians-hands/ "Picarro Launches the P-Cubed Mobile App, Putting Smarter Natural Gas Leak Investigations in Field Technicians' Hands") [Picarro Launches the P-Cubed Mobile App, Putting Smarter Natural Gas Leak Investigations in Field Technicians' Hands](https://thailandbusinessnews.net/press-release/picarro-launches-the-p-cubed-mobile-app-putting-smarter-natural-gas-leak-investigations-in-field-technicians-hands/ "Picarro Launches the P-Cubed Mobile App, Putting Smarter Natural Gas Leak Investigations in Field Technicians' Hands") - [![Upbeat Technology and SiFive Introduce Next-Gen Ultra-Low Power RISC-V MCU with AI Acceleration](https://i0.wp.com/r2.thailandbusinessnews.net/2025/10/Upbeat_Technology_MCU.jpg?fit=600%2C396&ssl=1&resize=40%2C40)](https://thailandbusinessnews.net/press-release/upbeat-technology-and-sifive-introduce-next-gen-ultra-low-power-risc-v-mcu-with-ai-acceleration/ "Upbeat Technology and SiFive Introduce Next-Gen Ultra-Low Power RISC-V MCU with AI Acceleration") [Upbeat Technology and SiFive Introduce Next-Gen Ultra-Low Power RISC-V MCU with AI Acceleration](https://thailandbusinessnews.net/press-release/upbeat-technology-and-sifive-introduce-next-gen-ultra-low-power-risc-v-mcu-with-ai-acceleration/ "Upbeat Technology and SiFive Introduce Next-Gen Ultra-Low Power RISC-V MCU with AI Acceleration") - [![AI Video Is Moving Beyond Prompts: Flova Brings "All in One" to Agent-Native Video Creation](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/ai-video-is-moving-beyond-prompts-flova-brings-all-in-one-to-agent-native-video-creation-2/ "AI Video Is Moving Beyond Prompts: Flova Brings "All in One" to Agent-Native Video Creation") [AI Video Is Moving Beyond Prompts: Flova Brings "All in One" to Agent-Native Video Creation](https://thailandbusinessnews.net/press-release/ai-video-is-moving-beyond-prompts-flova-brings-all-in-one-to-agent-native-video-creation-2/ "AI Video Is Moving Beyond Prompts: Flova Brings "All in One" to Agent-Native Video Creation") - [![COCOS 4 Is Here, Fully Open Source](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/cocos-4-is-here-fully-open-source/ "COCOS 4 Is Here, Fully Open Source") [COCOS 4 Is Here, Fully Open Source](https://thailandbusinessnews.net/press-release/cocos-4-is-here-fully-open-source/ "COCOS 4 Is Here, Fully Open Source") - [![Chulalongkorn University Joins World Economic Forum to Announce "The Future of Jobs 2025", Highlighting Future Skills and Strategies to Build the Future Human for Thailand](https://i0.wp.com/r2.thailandbusinessnews.net/2025/01/The_Future_Jobs_2025__Highlighting_Future_Skills_Strategies_Build_Future.jpg?fit=599%2C378&ssl=1&resize=40%2C40)](https://thailandbusinessnews.net/press-release/chulalongkorn-university-joins-world-economic-forum-to-announce-the-future-of-jobs-2025-highlighting-future-skills-and-strategies-to-build-the-future-human-for-thailand/ "Chulalongkorn University Joins World Economic Forum to Announce "The Future of Jobs 2025", Highlighting Future Skills and Strategies to Build the Future Human for Thailand") [Chulalongkorn University Joins World Economic Forum to Announce "The Future of Jobs 2025", Highlighting Future Skills and Strategies to Build the Future Human for Thailand](https://thailandbusinessnews.net/press-release/chulalongkorn-university-joins-world-economic-forum-to-announce-the-future-of-jobs-2025-highlighting-future-skills-and-strategies-to-build-the-future-human-for-thailand/ "Chulalongkorn University Joins World Economic Forum to Announce "The Future of Jobs 2025", Highlighting Future Skills and Strategies to Build the Future Human for Thailand") - [![Why AI Needs More Than Models: Inside CLOE's Human Perception Architecture](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/why-ai-needs-more-than-models-inside-cloes-human-perception-architecture/ "Why AI Needs More Than Models: Inside CLOE's Human Perception Architecture") [Why AI Needs More Than Models: Inside CLOE's Human Perception Architecture](https://thailandbusinessnews.net/press-release/why-ai-needs-more-than-models-inside-cloes-human-perception-architecture/ "Why AI Needs More Than Models: Inside CLOE's Human Perception Architecture") ##### Subscribe via Email Enter your email address to subscribe and receive notifications of new posts by email. Email Address Subscribe [](https://thailandbusinessnews.net/press-release/new-delhi-marks-un-day-for-south-south-cooperation-with-push-to-scale-dryland-innovation-across-the-global-south/) ![New Delhi Marks UN Day for South-South Cooperation with Push to Scale Dryland Innovation Across the Global South](https://i0.wp.com/mmx.prnasia.com/media/MS1986906/20260912055941EDT_image_1.jpg?resize=260%2C140&ssl=1 "New Delhi Marks UN Day for South-South Cooperation with Push to Scale Dryland Innovation Across the Global South") ## New Delhi Marks UN Day for South-South Cooperation with Push to Scale Dryland Innovation Across the Global South NEW DELHI, Sept. 12, 2026 /PRNewswire/ — A major international push to… [](https://thailandbusinessnews.net/press-release/global-times-silk-road-maritime-shipping-routes-span-153-ports-boosting-global-trade-prosperity-amid-uncertainty/) ## Global Times: Silk Road Maritime shipping routes span 153 ports, boosting global trade prosperity amid uncertainty BEIJING, Sept. 12, 2026 /PRNewswire/ — Across the rippling Baltic waters, a… [](https://thailandbusinessnews.net/press-release/taiwan-founded-asia-talent-platform-cake-draws-20000-job-seekers-as-ai-and-cross-border-careers-take-center-stage/) ![Taiwan-Founded Asia Talent Platform Cake Draws 20,000+ Job Seekers as AI and Cross-Border Careers Take Center Stage](https://i0.wp.com/mmx.prnasia.com/media/MS1986894/20260912020816EDT_image_1.jpg?resize=260%2C140&ssl=1 "Taiwan-Founded Asia Talent Platform Cake Draws 20,000+ Job Seekers as AI and Cross-Border Careers Take Center Stage") ## Taiwan-Founded Asia Talent Platform Cake Draws 20,000+ Job Seekers as AI and Cross-Border Careers Take Center Stage TAIPEI, Sept. 12, 2026 /PRNewswire/ — Cake, a Taiwan-founded regional talent… [](https://thailandbusinessnews.net/press-release/mgm-shenzhen-prince-bay-grand-opening/) ![MGM Shenzhen Prince Bay Grand Opening](https://i0.wp.com/mmx.prnasia.com/media/MS1986326/20260911023843EDT_image_1.jpg?resize=260%2C140&ssl=1 "MGM Shenzhen Prince Bay Grand Opening") ## MGM Shenzhen Prince Bay Grand Opening The New Urban Stage for Inspired Living SHENZHEN, China, Sept. 11, 2026…