Maersk opens its largest logistic park in Middle East
NewsMaersk and Mawani opened the Middle East’s largest Maersk Logistics Park at Jeddah Islamic Port, featuring eco-friendly technology and extensive capacity.
Iran invests
Despite Iran being severely affected by the COVID-19 pandemic, ongoing political uncertainties and extremely difficult trading conditions, investment in its ports remains strong. This year will see an estimated US$1.4B spent on capital projects, with two thirds of the funds provided by the private sector. This is well up on the estimated US$200M to US$250M spent by private companies in 2019.
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