(MENAFN) On Wednesday, the Jeddah Islamic Port and the Saudi Ports Authority, commonly known as Mawani, announced the creation of the "biggest logistics park" in the area at a cost of USD346 million.
By the time it is finished in the first quarter of 2024, the facility will have contributed to the creation of more than 2,500 direct and indirect employment opportunities.
It will be constructed on 225,000 square meters and have a 200,000 twenty-foot equivalent unit cargo handling capability per year. The project includes warehouses to store chilled food items, storage and distribution areas for general commerce exports and imports, and specific sections for transshipment, air freight, and cargo shipments.
The facility will use the most recent technology to decarbonize logistical services and rely on solar energy to power its units in order to reach net zero by 2040. To cut emissions, electric trucks will be employed for transportation.
Also included in the logistics park will be cutting-edge computerized warehouse management technologies. In accordance with the Kingdom's Strategy for Transport and Logistics Services, the port authority is working to encourage private investment in the industry. The plan aims to establish Saudi Arabia as a major logistical hub.
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