Saudi Global Ports Awarded Concession to Operate Riyadh Dry Port Ecosystem

Saudi Global Ports (“SGP”), the container terminal operator in King Abdul Aziz Port Dammam (“Dammam Seaport”), has been awarded a concession by Saudi Railway Company (“SAR”) to develop and operate the Riyadh Dry Port Ecosystem (“RDP”), comprising three facilities in Riyadh and Dammam, following a public private partnership tender process under the authority of the Kingdom’s Privatization Supervisory Committee. The RDP concession agreement was signed during the inaugural Saudi-Singapore Joint Committee held in Riyadh on 07 December 2021