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CMA CGM and RSGT commit US$ 434 million for Jeddah Islamic Port expansion

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CMA CGM and RSGT commit US$ 434 million for Jeddah Islamic Port expansion
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Saudi Arabia’s Red Sea Gateway Terminal and France’s CMA CGM Group signed agreements to construct and operate Terminal 4 at Jeddah Islamic Port. The US$ 434 million project expands container handling capacity by 2.6 million TEUs, aligning with Saudi Vision 2030 logistics initiatives.

SAUDI ARABIA A joint venture between Saudi Arabia’s Red Sea Gateway Terminal and France’s CMA CGM Group will allocate US$ 434 million toward the construction and operation of Terminal 4 at Jeddah Islamic Port. Executed under the oversight of the Saudi Ports Authority, the project expands existing concession infrastructure by integrating deep-water berths alongside 10 high-capacity ship-to-shore cranes to upgrade maritime throughput capacity by up to 2.6 million TEUs annually.

Red Sea Gateway Terminal is a major private terminal operator in Saudi Arabia, specializing in port infrastructure management and container cargo logistics. CMA CGM Group is a France-based multinational logistics and shipping conglomerate operating a global network across 64 maritime terminals. The Saudi Ports Authority is the national government body overseeing regulatory framework enforcement, port infrastructure modernization, and maritime trade management across the Kingdom.

The infrastructure deployment addresses increasing regional container movement demands while enhancing logistics efficiency along Red Sea trade channels. By engineering deeper berth access to support next-generation ultra-large container ships, the development mitigates supply chain bottlenecks, lowers vessel turnaround times, and optimizes import-export connectivity across Western Asia and North Africa.

This initiative directly advances Saudi Arabia’s National Transport and Logistics Strategy under Vision 2030, which aims to position the nation as an international logistics hub. The modern terminal capabilities are projected to attract major global ocean carriers, boost overall cargo volumes, and expand cross-border trade resilience for domestic and international commercial enterprises.

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