Red Sea Gate Terminal (RSGT), an international terminal operator representing a partnership between the Saudi Industrial Services group SISCO and the Malaysian Mining Company, has begun to take over operations in the northern section of Jeddah Islamic Port (previously known as North Container Terminal).
The existing north port facility is in line to receive $1.7 billion in investments for infrastructure, equipment and technology by 2050 per a 30-year concession agreed on by RSGT and Saudi Arabian Ports Authority (Mawani) in 2019.
By 2023, the expanded RSGT, covering an area of 1.5 million square meters (16.1 million square feet), will have increased annual container throughput capacity to 5.2 million TEUs. By 2050, that number is expected to grow to 8 million TEUs.
“As we begin operations at the northern part of Jeddah Islamic Port today, we are very proud to commemorate this tremendous milestone of the RSGT growth strategy, demonstrating our ongoing and long-
