RSGT expands its Red Sea terminal operations

RSGT, a subsidiary of Sustainable Infrastructure Holding Company (SISCO), has signed Build-Operate-Transfer (BOT) agreements with the Saudi Ports Authority (Mawani) to manage strategic facilities in Jeddah, Yanbu and Jazan.

“Our expansion into multi-purpose terminals marks a milestone in the evolution of our strategic vision,” said Jens Floe, CEO of RSGT.

“The additions to our portfolio and operations reflect our ongoing commitment to facilitating global trade, advancing economic diversification and reinforcing Saudi Arabia’s increasingly important role in global supply chains.”

Trade connectivity

This move marks a major step in Saudi Arabia’s Vision 2030 to boost global trade connectivity and port infrastructure.

The 20-year port concessions will add 13 kilometres of quay length and 3.3 million square metres of terminal space to RSGT’s portfolio.

Operations will be managed under its new Multi-Purpose Terminals (MPT) unit, handling non-containerised cargo such as general cargo, Ro-Ro, dry and liquid bulk, project cargo and livestock.

RSGT will invest SAR 1.6 billion ($418 million) in upgrading port infrastructure and technology, including SAR 700 million within the first five years. Projected annual throughput includes 3 million tonnes of general cargo, 13 million tonnes of bulk, 710,000 vehicles and 8 million livestock.

Despite challenges like the ongoing Red Sea crisis, RSGT handled 3.1 million teu in 2024. It said that its latest expansion signals growing resilience and ambition in becoming a diversified global logistics leader.