
Dubai (PlantAndEquipment.com) - Saudi Arabia's Red Sea Gateway Terminal (RSGT) and France's CMA CGM Group have agreed to co-develop and manage Terminal 4 at Jeddah Islamic Port, with an investment of around SAR1.6 billion ($434 million).
The project, designed in collaboration with the Saudi Ports Authority (Mawani), would enhance and modernize container-handling facilities at one of the Kingdom's most significant Red Sea ports.
The current deal, which builds on a collaboration formed by RSGT and CMA CGM in late 2025, is anticipated to improve Jeddah's capacity to manage increasing container volumes while also strengthening Saudi commercial links.
The port equipment and heavy machinery industry is expanding significantly. During the development phase, major terminals often need large fleets of container-handling equipment, cranes, reach stackers, terminal tractors, and other specialized gear, as well as construction equipment.
The project is part of Saudi Arabia's larger Vision 2030 logistics growth, with Jeddah Islamic Port playing a critical role in bolstering the Kingdom's status as a regional marine and logistics center.