SPARK and Hutchison Ports sign concession agreement to develop a dry port and bonded logistics zone
Hutchison Ports and King Salman Energy Park (SPARK) have signed a concession agreement to manage and operate SPARK’s dry port and bonded logistics zone.
The concession was awarded to a newly established joint venture, Energy City Logistics Company (ECLC), between Spark and Colour Path Holdings Limited, a Hutchison Ports company.
Eric Ip, group managing director of Hutchison Ports, said: “We are very pleased to participate in this mega project and contribute to the success of the Saudi Vision 2030 of developing the Kingdom into a global logistics hub.
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