Jeddah Islamic Port, a key maritime hub in Saudi Arabia, plays a crucial role in the Kingdom’s Vision 2030.
Strategically situated on the Red Sea, the port is positioned as a vital link for both east-west and north-south trade routes, making it indispensable to the national economy and global trade networks.
Vision 2030 has spurred significant interest from international investors, and the maritime sector is a major beneficiary of this enthusiasm.
“Red Sea Gateway Terminal, along with its partner Mawani, undertook an ambitious program to redevelop key infrastructure along those corridors. Today, Red Sea Gateway Terminal is in the midst of a US$1.7 billion development program at the port in Jeddah. This strategic investment aligns with Saudi Arabia’s Vision 2030, positioning the port as a vital artery for the nation’s maritime ambitions and the global trade ecosystem,” stated Aamer Alireza, Executive Chairman of the Board of Directors of Red Sea Gateway Terminal, highlighting the impressive infrastructural developments taking place at the Jeddah Islamic Port.
Jeddah Islamic Port, along with other important Saudi ports, is central to achieving the initiative’s goals by offering exceptional opportunities for investment, collaboration, and development.
Hestbaek emphasized the importance of collaboration between public entities like Mawani and private companies to meet Saudi Arabia’s logistics objectives. He expressed confidence that this partnership-driven model will help the Kingdom achieve its goals efficiently while presenting attractive local and global prospects.
“We believe in the vision of the Kingdom, and that’s why we’ve made one of our largest
investments here. Saudi Arabia’s market size and strategic location along the Red Sea make it a highly attractive destination for long-term logistics infrastructure development,” added Mohammad Shihab, Managing Director of Maersk Saudi, highlighting the
company’s significant commitment to the Kingdom.
The port’s strategic location not only facilitates access to African markets but also strengthens ties with eastern trading partners, cementing its role as a key hub for regional and international commerce.
“I think there’s a lot of evidence that international investors are excited by the prospects and opportunities here in Saudi Arabia as part of the Vision 2030 program. We’re going to see a lot more foreign investment in infrastructure to support what already has been done so far. Saudi Arabia has a fantastic geographical location, well-positioned in the east-west trade routes and north-south. The Saudi ports are extremely well-positioned to take advantage of that,” commented Chris Hayman, Chairman Emeritus of Sea Trade Maritime Informa Markets.
Shihab also pointed to the growing trade relationships with Africa and India, which are expected to further elevate Jeddah Islamic Port’s significance in the years ahead.
