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Jeddah Islamic Port is an important part of Saudi Vision 2030.

Jeddah Islamic Port is an important part of Saudi Vision 2030.
blog image
Maritime
Port Terminal Services

Jeddah Islamic Port is an important part of Saudi Vision 2030.

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.


30 Sep 24
blog image
Maritime
Port Terminal Services

Jeddah Islamic Port is an important part of Saudi Vision 2030.

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.


30 Sep 24
blog image
Maritime
Port Terminal Services

Jeddah Islamic Port is an important part of Saudi Vision 2030.

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.


30 Sep 24