Jazan - Hamad Daqdqi - broadcast:

Today, Monday, 03 Rajab 1442 AH, corresponding to February 15, 2021 AD, an investment and operation agreement for the port of Jizan City for Basic and Downstream Industries was signed with one of the international companies specialized in this field.

The Prince of Jazan region, Prince Muhammad bin Nasser bin Abdulaziz, in the presence of Prince Muhammad bin Abdulaziz bin Muhammad bin Abdulaziz, Deputy Governor of the region and Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef, sponsored the signing ceremony today.

The Minister of Industry said in a speech during the ceremony the importance of the agreement that aims to operate the port of Jizan city for basic and transformative industries, and the importance of the port because it is located on the most important maritime transport corridors in the world and near the countries of the Horn of Africa and emerging markets, to be a point of providing modern and advanced logistical services. In the region, this enhances the Kingdom's presence in this field and achieves the goals of the Kingdom's Vision 2030, and contributes to making the Kingdom a global logistical platform, by providing the best services and ensuring the highest levels of quality and efficiency.

He referred to the advantage of the port of Jizan City for Basic and Transformational Industries because it is located at a crossroads as one of the busiest commercial corridors between the East and West and the rapidly growing commercial corridors between the North and the South, which will contribute to supporting Jizan City for Basic and Transformational Industries in order to fully benefit from the available potentials. Major for the southern region.

He indicated that the port includes a container terminal, a general cargo terminal and a dry bulk terminal equipped with the latest handling equipment and a 16.5-meter berth diver, noting that the commercial operations of the first phase will start in mid-2021, and will begin with the general and dry bulk cargo terminal with a berth of 540 meters in length to serve immediate needs. The increasing number of tenants in Jizan City for Basic and Downstream Industries, while the first phase of commercial operation of the container terminal will begin in early 2022 via a 730-meter berth.

His Highness, the Emir of the region, affirmed the interest and follow-up of this important sector of the rational government and everything that contributes to supporting and stimulating the industry and mineral wealth system, which is a major axis for the development of the national economy in accordance with the Kingdom's Vision 2030.

During the meeting with the Emir of Jazan and the Minister of Industry and Mineral Resources, issues of interest to the ministry’s work in the Jazan region were discussed, as well as the region’s distinctive components and geographical location that makes it a destination for many investment opportunities, thus contributing to the localization of many industries and providing quality job opportunities for the people of the region, and a competitive advantage. It contributes to revitalizing the economic movement and trade exchange between the Kingdom and the countries of Africa and East Asia.

His Highness the Prince of Jazan and His Highness his deputy listened to an explanation from the Minister of Industry about the city of Jazan for basic and transformative industries and the role entrusted to it in the localization of many industries, especially the industry of food activities, and the important role of its port in activating the transport movement to and from the Jazan region and the southern region in general, and the efforts undertaken by it. The ministry is to overcome the obstacles facing all investors, in a way that contributes to creating national factories capable of increasing national production, and creating appropriate quality opportunities for the people of the region, pointing out that the presence of Jizan City for Basic and Downstream Industries will be a factor contributing to maximizing the benefit of many priority industries.

Everyone was informed about the various mineral resources of the Jizan region, and the unique geological nature of which it represents a great economic feasibility for mining investment activities, which are estimated at 1.9 billion riyals, and the contribution of the Royal Commission in Jazan in creating capital projects estimated at 1.45 One billion riyals, while the total investment expected until 2030 is 136 billion riyals, in addition to the contribution of the Saudi Authority for Industrial Cities and Technology Zones (MODON), creating capital projects estimated at 401 million riyals, while seeking to achieve expected investments by 2030, estimated at 30 One billion riyals, in addition to the mineral ores in the region of economic feasibility represented in marble, pozzolan, silica sand, limestone and clay ore, which is used in the manufacture of pottery, ceramics, ceramics, and other industries.