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PDC collaboration with MEDLOG Saudi to introduce new cold storage facilities in King Abdullah Port Investment of SR300 million to enhance logistics capabilities in Saudi Arabia
Port Development Company (PDC), the owner and master developer of King Abdullah Port and MEDLOG, the logistics arm of Mediterranean Shipping Company (MSC), a global leader in shipping and logistics, announced a strategic collaboration to establish a state-of-the-art cold storage facility in King Abdullah Port. This groundbreaking project will entail an investment of 300 million Saudi Riyals and will cover an expansive 60,000 square meters. The new facility aims to significantly enhance MEDLOG's operational capabilities in Saudi Arabia, offering advanced storage solutions for perishable goods. It will feature innovative technology to maintain the highest standards of temperature control and product preservation, aligning with MEDLOG's commitment to excellence in logistics and supply chain management. The collaboration between PDC and MEDLOG marks a key milestone in the development of King Abdullah Port as a major shipping and logistics hub in the region. By combining PDC's expertise in port development with MEDLOG's extensive experience in shipping and logistics, this partnership is set to drive growth, innovation, and operational efficiency. Jay New, Chief Executive Officer of PDC, emphasized the importance of this partnership, stating: "The establishment of this new cold storage facility in partnership with MEDLOG marks a significant step forward for King Abdullah Port and aligns with our vision to position the port as a premier logistics hub in the region. This 300-million-SAR investment not only enhances the port's infrastructure but also contributes to Saudi Arabia's Vision 2030 by fostering economic growth and creating new job opportunities. We are proud to collaborate with a global logistics leader like MEDLOG, and together, we are committed to driving innovation and operational excellence in the logistics and cold chain sectors." Hisham Alansari, Managing Director of MEDLOG Saudi Arabia, expressed his enthusiasm about the partnership: "We are thrilled to partner with Ports Development Company on this transformative project. The new cold storage facility at King Abdullah Port will enhance our logistics capabilities and support our customers' needs for high-quality storage solutions. Together, we are committed to delivering state-of-the-art facilities that meet the highest standards of efficiency and sustainability." This investment underscores MEDLOG's dedication to supporting Saudi Arabia's Vision 2030, a strategic framework aimed at diversifying the economy and reducing dependence on oil. The new cold storage facility is expected to generate numerous job opportunities and stimulate economic activity in the region, contributing to the Kingdom's long
