Saudi Ports Authority launches Al Khomra: Saudi Arabia’s largest integrated logistics Zone
- Al Khomra – An integrated world class logistics Zone facilitated through customs Bonded and re-exports Zones, providing unparalleled access to the Middle East, Africa and Europe
- Land area of over 2 million sqm, with over 1 million sqm of gross flat area
- Available to investors via a leasing model
- Strategic Location, Efficient Road network
The Saudi Ports Authority (Mawani) has announced the launch of Al Khomra Logistics Zone, Saudi Arabia’s largest integrated logistics zone, during its participation in the Saudi Logistics Conference taking place between the 13th and 15th of October, 2019 in Riyadh, Saudi Arabia.
The first phase of the project is set to cover a land area of over 2 million sqm, with over 1 million sqm of gross flat area that will be made available to investors under a lease model.
Al Khomra seeks to provide an advanced infrastructure and added-value services that will actively contribute towards positioning Saudi Arabia as a global logistics hub while raising its competitiveness on investment and services fronts as outlined within Saudi Vision 2030.
Commenting on this remarkable milestone, H.E. President of Mawani Eng. Saad bin Abdulaziz Alkhalb described Al Khomra as a major leap for the logistics sector in Saudi Arabia. He added that the new logistics zone is expected to open up new investment and business opportunities and promote strategic partnerships with the private sector that will further contribute towards the development of the maritime trade and enhance the quality of operational and logistics procedures and services.
H.E also reiterated the significance of Al Khomra Logistics Zone due to its proximity to international trade routes, its strategic location in the southern governorate of Jeddah and close to Jeddah Islamic Port making it a global logistics platform and a major hub connecting the Middle East, Africa and Europe.
Eng. Saad bin Abdulaziz Alkhalb added that Al Khomra is characterized by its highly efficient roads network connecting Jeddah Islamic Port, King Abdulaziz International Airport and the upcoming Saudi Landbridge Project, along other various main roads in the Kingdom
Al Khomra’s location along the Red Sea coast, a major passageway for more than 13% of global maritime trade, will make it a vital hub on the Silk Road maritime trade route launched within the Belt and Road Initiative (BRI).
Moreover, Saudi Arabia’s strategic location as a hub connecting Middle East with Europe and Africa alongside its robust economy form major pillars for transforming the Kingdom into a pioneering global logistics hub. These factors offer an attractive package for investors interested in capitalizing on the lands owned by Mawani and building partnerships with the authority to develop fully-fledged logistics zones, including the newly announced Al Khomra Logistics Zone.
It is worth mentioning that Mawani had launched a strategic plan to optimize the massive potential and capacity of Saudi Arabia’s ports which outperforms the local demand by 50%, through offering integrated logistics services, advanced bonded and re-export zones and competitive world-class services to the private sector in aims to facilitate global trade exchange.
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