The Ministry of Industry and Mineral Resources has qualified nine teams for Saudi Arabia's Logistics Zone Development PPP scheme in Dammam 2nd Industrial City.

These teams include Areic, Edecs, and AlBawardi, Mada International Holding and LogiPoint, Arise and Vision Invest, Alghanim International, Algihaz Holding, Abu Dhabi Ports, SkyBridge, and DP World. Additionally, Ramk Group is also among the qualified teams. The project follows a Public-Private Partnership (PPP) framework under a Design-Build-Finance-Operate-Maintain-Transfer (DBFOMT) contract, spanning 30 years. The development spans approximately 850,000 m², strategically located within Dammam 2nd Industrial City, positioning it as a logistics hub supporting regional trade and industrial expansion. 

The logistics zone is designed to include:

• Gated and non-gated public areas

• Leasable spaces for logistics operators

• Dedicated utilities infrastructure ensuring seamless integration with industrial activities

The selected private partner will be responsible for:

• Securing finance for the project

• Designing and constructing leasable areas

• Operating, maintaining, and commercially managing the facilities (e.g., attracting tenants, leasing strategies, revenue generation)