King Abdullah Economic City: In a brilliant global achievement, King Abdullah Port was ranked first among the world’s most efficient container ports in the 2021 Container Port Performance Index (CPPI) report released by the World Bank and S&P Global Market Intelligence. The port improved its ranking from second place last year after scoring the highest points among 443 ports on the administrative and statistical methodological approaches of the index, which rates ports against different measures.
Ports in Asia and the Middle East topped the ranking of the world’s most efficient gateways. King Abdullah Port is followed by its counterparts in Oman (Port of Salalah) and Qatar (Port of Hamad) respectively. The report notes a major improvement in the positions of the top 10 ports since CPPI 2020. Port of Hamad and Islamic Port of Jeddah gained 34 and 35 positions respectively in the ranking, while Port of Yokohama (Japan) fell from its first place in the two approach in 2020 to 10th and 12th place and the port of Guangzhou (China) fell from 6th to 9th place in the CPPI 2021.
Commenting on this new milestone, Jay New, Managing Director of King Abdullah Port, said: “We are proud to announce that King Abdullah Port has been awarded the top spot in the CPPI World Ranking for Container Ports. . This prestigious accolade represents a major leap forward and was made possible through our commitment to steady growth and our unique ability to mitigate challenges caused by global supply chain disruptions, as well as successful strategic decisions. faced with deep uncertainties. . This recognition will serve as motivation to continue to maintain our position as an industry leader and increase our contribution to transforming the Kingdom into a global hub connecting Asia, Europe and Africa and increasing its exports. non-oil, in accordance with the guidelines of Vision 2030.”
King Abdullah Port’s ranking in the CPPI 2021 recognizes its efforts to increase operational efficiency, quality controls, and infrastructure development and management. This recognition also demonstrates the port’s continued progress in line with its long-term strategic plans and objectives, embodying the motto “Sailing towards the vision” launched at its official inauguration in 2019, which was attended by HRH Prince Mohammed bin Salman, Prince heir, Deputy Prime Minister and Minister of Defense of the Kingdom of Saudi Arabia.
The new ranking also demonstrates its contribution to the goals of Vision 2030 and the National Transport and Logistics Strategy aimed at increasing the efficiency of the Saudi logistics sector, transforming the Kingdom into a global trade hub and diversifying its economy.
King Abdullah Port actively contributes to the Kingdom’s ambition of a diversified economy that relies on the non-oil sector, of which logistics is a priority area, through its highly effective business plan based on a public partnership model. -private (PPP), supplemented by the efforts of Mawani. The unique PPP model consists of a partnership with more than 17 government agencies, under the supervision of the Authority of Economic Cities and Special Zones, while retaining full control of management and operation by the private sector. Recently, the port reached 15 million TEUs in container traffic, an outstanding achievement in less than nine years since the launch of the container terminal.
Owned by the Ports Development Company, King Abdullah Port is the first port in the region to be owned, developed and operated by the private sector. The port became one of the top 100 ports in the world in four years of operation. With its strategic location in King Abdullah Economic City – a modern city with a business-friendly ecosystem and infrastructure – King Abdullah Port takes advantage of the city’s advanced facilities and services, especially the Valley industry, which has attracted many logistics projects as well as light and medium projects. Industries.
About King Abdullah Port
Strategically located on the Red Sea coast in the economic city of King Abdullah, King Abdullah Port, ranked by the World Bank as the most efficient port in the world in 2021, is the first private port in the Middle East, developed and exploited. Occupying an area of 17.4 km2 and benefiting from its proximity to the main Saudi cities of Jeddah, Holy Makkah, Al Madinah and Yanbu, as well as its direct access to extensive transport networks that facilitate the transport of goods through the kingdom and the rest of the region, the port makes an increasingly important contribution to the Kingdom’s overall role in maritime trade and logistics. When fully completed, King Abdullah Port will be capable of handling 25 million TEUs, 1.5 million CFUs and 25 million tons of clean bulk cargo annually.
With state-of-the-art infrastructure and processing facilities, the world’s deepest 18m berths, multi-level expansion operations, in addition to a fully integrated port community system, of the Smart Gate system and multi-purpose bonded and re-export zones, King Abdullah Port reflects the important role of the private sector in achieving Vision 2030.