Mawani New Strategy for Next Phase, Announced

Saudi Ports Authority (MAWANI) launched a new stage, in the Kingdom’s maritime transport and logistics journey, as it continues endeavors to develop a sustainable and prosperous maritime sector, to consolidate the Kingdom’s position as a global logistics center, and enable realizing its economic and social ambitions.

The new strategy aims to activate the objectives of the maritime transport sector; in line with the national strategy for transport and logistics, and achieving the goals of the ambitious Saudi Vision 2030 programs.

Mawani’s new strategy includes a series of basic initiatives aimed at improving the Kingdom’s position, in the field of maritime transport worldwide, as more than 160 projects are set to be launched, in the coming years to implement these initiatives and launch the main enabling factors.

It also includes several specific goals that the authority aspires to achieve by 2030, as it seeks to increase the capacity, in the ports to more than 40 million TEUs annually, raise the Kingdom’s market share of regional transshipment to 45%, and augment the port occupancy rate to 70% of its total absorptive capacity, in addition to contributing to improving the Kingdom’s international classification, in the UNCTAD Maritime Transport Lines Index, raising it to 80th at the level of the index countries, and Kingdom’s classification, as well, in terms of the Logistics Performance Index to 4.01, and striving to make progress, in the Kingdom’s ranking within the Index of logistics services performance from 49th to 10th globally, and ensuring its leadership regionally.

The strategy of the Mawani will contribute to raising the number of re-export logistics centers to 30, in addition to improving the Kingdom’s classification, in the cross-border trade index, and raising it to the 35th rank in the world by 2030.