Saudi Arabia to develop logistics hub in Djibouti
NewsSaudi Arabia has signed a 92-year deal to develop a logistics city in Djibouti’s free trade zone to boost trade with Africa and attract Saudi investors.
Saudi Trade and Export Development Company (Tusdeer) has formed a joint venture with Seaport Terminal of Malaysia to develop the third container terminal at Jeddah Islamic Port (JIP) in Saudi Arabia on a build-operatetransfer (BOT) basis.
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