The Saudi Ports Authority (MAWANI) and the Port of Marseille Fos signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation in several maritime-related areas.
These include digital transformation towards smart ports, contributing to enhancing international trade, supporting the marine environment, and the green ports initiative.
This was signed on the sidelines of the VISION GOLFE 2024 organised by Business France, the national agency supporting the international development of the French economy, from 4-5 June 2024, Paris, at the headquarters of the French Ministry of Economy, Finance, Industrial Sovereignty, and Digital Affairs.
The MoU was signed by the President of MAWANI, Omar Hariri, and the CEO of the Port of Marseille Fos, Hervé Martel, in the presence of the Ambassador of the Custodian of the Two Holy Mosques to the French Republic, Fahad Alruwaili, and the CEO of Business France, Laurent Saint-Martin, along with several officials.
The forum witnessed a panel discussion titled “The Future of Infrastructure”, in which the Vice President of Commercial Business, Abdullah AlMunif, discussed MAWANI’s efforts in developing the infrastructure of its ports. He also reviewed the major projects being implemented and the promising investment opportunities in the ports.
In April 2024, MAWANI announced the first container shipment via railway from Jubail Commercial Port to Riyadh Dry Port.
More recently, DP World and MAWANI commenced construction of a new SAR900 million ($240 million) logistics park at Jeddah Islamic Port.