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Home Port News Mawani signs deal for new logistics centre in Dammam

Mawani signs deal for new logistics centre in Dammam

The Saudi Ports Authority (Mawani) has signed an investment agreement with consumer technical retailer United Electronics Company (eXtra) to set up a state-of-the-art logistics centre at King Abdulaziz Port in Dammam, Saudi Arabia.

The logistics and distribution center is expected to be over 32,000 m² and will feature port-centric warehouses and storage yards designed to handle a wide range of multi-brand products and appliances, according to Mawani.

The deal is valued at US$9.3 million and was signed at the Mawani headquarters by Mawani president Omar Hariri, and Abduljabbar Mohamed Abduljabbar, chairman of United Electronics Company.

The agreement’s duration shall be 10 years.





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