Saudi Global Ports wins concession to run Riyadh Dry Port Ecosystem

Saudi Global Ports (SGP) has been awarded a concession by Saudi Railway Company (SAR) to develop and operate the Riyadh Dry Port Ecosystem (RDP), which comprises of three facilities in Riyadh and Dammam.

SGP, the container terminal operator in King Abdul Aziz Port Dammam, was successful in a public private partnership tender process under the country’s Privatisation Supervisory Committee.

The company, which is a joint venture between Saudi Arabia’s Private Investment Fund (PIF) and port operator PSA International, plans to develop and operate RDP and Dammam Seaport as an integrated system, to improve logistics network flow efficiencies and reduce logistics costs in the country.