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Jazan Port deal got signed and approved by the Saudi governor

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JAZAN, 16 February, 2021 (TON): On Monday, Mohammad bin Nasser bin Abdul Azizi, Jazen Government Prince, signed an agreement with an international firm investing and operating the port of Jazan City for Basic and Downstream Industries.

The signing ceremony was also attended by the Saudi Minister of Industries and Mineral Resources Bander Alkhorayef who highlighted its significance.

He said the port includes a container terminal, general cargo, and dry bulk terminals equipped with the latest handling equipment.

The minister said the development of this port will bolster the Kingdom’s role as a global logistics hub.

It is likely that the first phase of the commercial operation will begin in 2021.

Certainly, the location of the port is of an important maritime transport corridor closer to the countries located in the Horn of Africa and other emerging markets.

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