Jeddah Islamic Port is a key maritime hub in Saudi
Arabia, playing an essential role in the Kingdom’s Vision 2030. Located
strategically on the Red Sea, it connects major trade routes for both east-west
and north-south shipping, making it crucial for the national economy and global
trade networks. The Vision 2030 initiative has attracted considerable interest
from international investors, particularly benefiting the maritime sector.
Aamer Alireza, Executive Chairman of Red Sea Gateway Terminal, noted that the
terminal, in partnership with Mawani, is currently undergoing a major
redevelopment program worth $1.7 billion. This investment aligns perfectly with
Saudi Arabia’s Vision 2030, reinforcing the port’s importance in the nation’s
maritime strategy and the global trade landscape. Jeddah Islamic Port, along
with other significant ports in Saudi Arabia, is central to achieving the goals
of Vision 2030, offering great opportunities for investment, collaboration, and
development. Hestbaek emphasized the need for strong partnerships between
public entities and private companies to meet the Kingdom’s logistics
objectives, expressing confidence that this collaborative approach will lead to
efficient progress while attracting both local and global investments. Mohammad
Shihab, Managing Director of Maersk Saudi, highlighted the company's
significant commitment to the Kingdom, stating that Saudi Arabia’s strategic
location along the Red Sea makes it an attractive destination for long-term
logistics infrastructure development. The port’s location not only opens doors
to African markets but also strengthens connections with eastern trading
partners, solidifying its role as a key hub for regional and international
commerce. Chris Hayman, Chairman Emeritus of Sea Trade Maritime Informa
Markets, remarked on the excitement among international investors regarding the
opportunities presented by Vision 2030. He expects to see increased foreign
investment in infrastructure to build on the progress already made,
underscoring Saudi Arabia’s advantageous geographical position. Shihab also
pointed out the growing trade relationships with Africa and India, which are
set to elevate Jeddah Islamic Port’s significance even further in the coming
years.

