Logistics Expansion of Jeddah Islamic Port complete By Andrew Hammond February 16, 2024, 12:58 PM Venti Views/Unsplash The automotive industry exports reached $694.5 million in the first two months of 2024 Project cost SAR1bn Port can hold 6m containers Red Sea ships dock there The Saudi ports authority said this week it had completed a SAR1 billion ($270 million) expansion of Jeddah Islamic Port as tensions in the Red Sea continue. The project to deepen and expand the northern container terminal in Jeddah, to be operated by the Red Sea Gateway Terminal (RSGT) company, more than doubles capacity from 700,000 to 1.5 million square metres. Handling capacity has risen from 2.5 million containers to 6.2 million, with 11 platforms, a statement said. Jeddah Islamic Port has increased in significance in light of US and British military attempting to stop the Houthi group in Yemen attacking Red Sea ships. The campaign raises questions about the viability of Hudaydah port in Yemen for international shipping. Red Sea attacks could harm more than ports and shipping DP World to develop new projects in Pakistan Seven plans entertainment sites in remote parts of Saudi Arabia In Jeddah the northern channel of the Red Sea Gateway Terminal can now take giant ships with a draft of up to 17 metres, the company said. Dubai’s DP World operates a container terminal inside Jeddah Islamic Port, the traditional landing point for Muslim pilgrims heading to Mecca by sea. DP World is also building a logistics park. Saudi Arabia is trying to increase port capacity to more than 40 million standard containers and its share of the trans-shipment market to 45 percent as part of its economic development plans. The Red Sea coastal region features heavily in the giga-projects at the heart of the plan to diversify the Saudi economy, including Neom in north-west Saudi Arabia, luxury resort Amaala, Jeddah Central, and entertainment and tourism centres in Jizan and Abha.
