Prince Mohammed bin Nasser inaugurates Jizan City Port for basic and downstream industries

Today, His Royal Highness Prince Muhammad bin Nasser bin Abdulaziz, Governor of the Jazan Region, inaugurated the Port of Jazan City for Basic and Transformation Industries, in the presence of His Royal Highness Prince Muhammad bin Abdulaziz bin Muhammad bin Abdulaziz, Deputy -governor of the region, and their Highnesses, Excellencies, officials, partners and local and international investors.
His Excellency, the Chairman of the Royal Commission for Jubail and Yanbu, Eng. Khalid bin Muhammad Al-Salem, reviewed what has been achieved in Jazan city for basic and transforming industries in terms of attracting quality investments, and establishing partnerships with various international parties, including an agreement to establish a company to attract Chinese industrial investment to the Kingdom, the Saudi Silk Road Company, and the signing of several investment agreements in the city, where an investment and operating agreement for the port was signed with Hutchison Ports Company and an agreement to build an aluminum refinery establishing with the Chinese company “Hanzhou Jin” with an investment estimated at 4 billion riyals, in addition to working on a number of promising future Chinese investments.
Al-Salem added that there are existing investments in the city with an investment size of 88 billion riyals, although the city is under construction. Today we will witness the signing of an investment agreement to build a factory for the production of pasta and a memorandum of understanding between the Royal Commission for Jubail and Yanbu and the Saudi Coffee Company, in addition to the signing of a memorandum of understanding between the Department of Investment and Hutchison Ports Company.
His Excellency indicated that the port is one of the most important possibilities that support the establishment and revitalization of Jazan City for Basic and Transformational Industries, and logistically support the current and future industries in terms of its capabilities Commercial handling of container ships, general cargo and bulk cargo, in addition to several storage yards, including special areas for the storage and monitoring of refrigerated containers.
He said that the port is characterized by a draft of 16.5 meters, which enables the port to receive modern fifth-generation ships whose tonnage reaches more than 21,000 TEUs, and to handle general cargo and bulk carriers. with loads of more than 100,000 possible. tons per ship.
For his part, His Excellency, the Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef emphasized that the Jazan region is able to effectively absorb its sons and daughters, its resources and its location to absorb investments and the achieve goals of Vision 2030 in the sectors. of industry, tourism and entertainment, indicating that all government agencies share one thing, namely to achieve the goals of this country And the aspirations of its leaders and the realization of the hopes of its children, promising that the port of Jazan City for Basic and Transformation industries are an added value to the logistics activity in the Kingdom and the region, and an important side branch to attract investment and create jobs, an enabler and supporter of the transport and logistics strategy, a reinforcer of the national strategy for industry. and a stimulus for export.
His Excellency explained that one of the port’s most prominent goals is to develop the capabilities of the industrial sector in the Jazan region, target global markets and increase exports to them, invest in natural resources by taking advantage of the region ‘s distinctive location, and the Kingdom’s position and role in global supply chains.
His Excellency, the Minister of Investment, Eng. Khalid bin Abdulaziz Al-Falih, for his part, revealed that the Saudi economy achieved a remarkable jump in the first half of this year as it grew by 11% year-on-year, and the International Monetary Fund expects the Kingdom to be the fastest growing economy among the G20 countries.2022, and the IPI Industrial Production Index, from the beginning of 2022 to the end of July, achieved a growth of 21.5 percent on an annual basis , which is another indication of the successful implementation of the Kingdom’s Vision 2030.
He referred to the National Investment Strategy, which aims to achieve cumulative investments of more than 12 trillion riyals by 2030, to be supportive and possible for all economic sectors, of which the most important sectors are industry, mining and logistics services. regarding the instructions of His Highness the Crown Prince to work in an integrated manner, and his focus on the importance of partnership with the private sector, which will lead the wheel of development in the Kingdom’s current and future economy.
His Excellency drew attention to the fact that today we celebrate the inauguration of the Jazan port for basic and transformative industries, and a short time ago we saw the operation of the latest Saudi Aramco refineries, which total investments in the industrial zone in Jazan to more than 80 billion riyals, which will contribute to the creation of tens of thousands of jobs, God willing. And to achieve our investment goals for the basic and manufacturing industries, which we aim to reach one trillion riyals by 2030, noting that ports are the cornerstone of industrial development, and they are also the gateways of entry to and export to developed countries and their economies. Not only for the Kingdom, but for the Middle East, as it is located on one of the most important shipping corridors in the world, with 13% – 15% of world trade passing through it.
The inauguration of Jazan City Port for Basic and Transformation Industries to be the southern gateway of the Kingdom to the world and a main gateway for logistics services within the objectives of the Saudi Vision 2030, which aims to make the Kingdom to be transformed into a leading industrial force and a global logistics platform The port is characterized by its strategic location, which is an important tributary of trade exchange between the continents of Asia and Africa.
The port is one of the largest ports in the Kingdom in terms of design capacity on the Red Sea coast and the main gateway for the Kingdom’s exports and imports to the countries of the Horn of Africa. It is characterized by its presence in an area rich in natural and human resources with diversified production and great importance in the local and regional economy, and its strategic location on the Red Sea To be a logistics platform for the transport of goods through the most important sea lane in the world.
The Port of Jazan City for Basic and Downstream Industries includes a container berth of 540 meters in length and a capacity of more than one million containers per year, a general cargo berth of 190 meters and a bulk material berth of 350 meters, in addition to receiving giant oil tankers at the liquid material berth of Aramco refinery.
To ensure the application of the highest international standards in the operation of the port, Hutchison Ports Company was attracted to operate the port, which ranks among the top 5 international companies handling the number of containers, as well as its presence in more than 53 ports in 27 countries around the world.

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