RSGT to Invest SR1.6 Billion in Developing Four Red Sea Ports

In June 2025, RSGT announced a strategic expansion into multi-purpose terminal operations through newly awarded concessions at four existing port facilities along the Red Sea. The 20-year concession agreements with the Saudi Ports Authority (Mawani) involve an investment of SR1.6 billion to upgrade and operate terminals at Jeddah Islamic Port, King Fahd Industrial Port, Yanbu Commercial Port, and the Port of Jazan. This expansion will significantly enhance our operational capabilities and support the Kingdom’s Vision 2030 objectives.