Independent journal on economy and transport policy
07:33 GMT+2
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I renew of contracts with DP World and RSGT for the management of the container terminal of the port of Gedda
The agreement with the group of Dubay has a duration 30-year-old
December 23, 2019
The Saudi Ports Authority (Mawani) has signed new contracts of concession with the terminalista group DP World of Dubay and with the Saudi Red Sea Gateway Terminal (RSGT) for the management of the container terminal of the Jeddah Islamic Port. DP World, than up to now has operated the South Container Terminal (SCT) of the port of Gedda within a contract of the duration of beyond 20 years, has announced that the new contract of concession with the Saudi Ports Authority (Mawani) has a duration 30-year-old and previews that the group of Dubay invests until 500 million dollars for the potenziamento and the modernization of the terminal, between which participations in order to allow with the port of call to receive portacontainer ULCC of large-capacity.
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