The definitive agreements, announced in Paris in conjunction with the French-Saudi Investment Roundtable, represent an investment of approximately $434 million (SAR 1.6 billion) in the development of Terminal 4 and are expected to add up to 2.6 million TEUs of annual container handling capacity.
The project forms part of RSGT’s existing concession at Jeddah Islamic Port and will see the development of a new, state-of-the-art container terminal featuring deep-water berths capable of accommodating the world’s largest container vessels, supported by advanced terminal technologies and 10 new ship-to-shore cranes.
The investment is expected to strengthen Jeddah Islamic Port’s position as a major gateway for global trade and enhance Saudi Arabia’s connectivity to international markets. The additional capacity will support the Kingdom’s growing trade requirements while contributing to the objectives of Saudi Vision 2030 and the National Transport and Logistics Strategy.
The project builds on the established partnership between Mawani, RSGT, and CMA CGM and represents a further step in the development of Saudi Arabia’s maritime and logistics infrastructure.
The investment combines RSGT’s local expertise and terminal operating capabilities with CMA CGM’s global shipping network, logistics capabilities, and international terminal experience. Together, the partners will develop a world-class facility designed to enhance connectivity, operational efficiency, and service reliability for customers across Saudi Arabia and the wider region.
Reed Smith advised RSGT on the concession arrangements, with Samantha Roberts leading the team, supported by Emad Alshaikhi and Foram Majmudar in the firm’s Riyadh office. King & Spalding advised RSGT on the joint venture documentation, working alongside Reed Smith on the transaction.
J.P. Morgan acted as sole financial adviser to RSGT.
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