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18-05-23
Saudi Arabia’s retitles Duba as ‘Port of NEOM’
(MENAFN) Duba Port, the main seaport of entry to the northwest of the nation, has been retitled as Port of NEOM.
In order to transform regional ports into internationally competitive logistics centers, the management of Duba Port was moved from the Saudi Ports Authority to NEOM during last year.
Since the transfer, the port’s capabilities have been grown to reach the increasing capacity of cargo arriving to NEOM, such as container and general cargo handling, as mentioned by a statement.
“The Port of NEOM will be pivotal to the continued commercial competitiveness, economic diversification, and maritime trade ambitions of the Kingdom,” according to NEOM chief executive Nadhmi Al-Nasr.
He went on to say that “Our vision is to build one of the world’s most technologically advanced, efficient, and sustainable ports with the first fully integrated and automated supply chain and logistics network, and this first phase of development is a step toward realizing that.”
MENAFN18052023000045014228ID1106268614
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