cargo ground handling station
Project
SAL Saudi Logistics Services Company awarded a 233 million Saudi riyals ($62.13 million) construction contract to Contracting and Construction Enterprises Company (CCE) for the second phase of the cargo ground handling station at King Abdulaziz International Airport. The work scope includes new construction, modifications to existing structures, and ancillary facilities and utilities.
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Deal Analysis
SAL Saudi Logistics Services Company's award of a 233 million Saudi riyals ($62.13 million) construction contract to Contracting and Construction Enterprises Company (CCE) for the second phase of the cargo ground handling station at King Abdulaziz International Airport in Jeddah signifies a continued investment in Saudi Arabia's logistics infrastructure. The project encompasses new construction, modifications to existing structures, and the development of ancillary facilities and utilities. This expansion aims to enhance the airport's cargo handling capacity and efficiency, supporting the growth of trade and logistics activities within the region.
The deal is notable for its size, representing a significant capital expenditure in airport infrastructure. The involvement of SAL Saudi Logistics Services Company, a key player in the Saudi logistics sector, and Contracting and Construction Enterprises Company (CCE), an experienced construction firm, adds credibility to the project. This development aligns with Saudi Arabia's broader Vision 2030 plan, which prioritizes the development of the Kingdom as a leading global logistics hub. The expansion of Jeddah Airport's cargo handling capabilities will likely attract more international trade and investment, further solidifying its position as a major gateway in the Middle East.
- Deal value of 233 million Saudi riyals ($62.13 million) represents a substantial investment in airport infrastructure.
- SAL Saudi Logistics Services Company, a major logistics player, is driving the project.
- Contracting and Construction Enterprises Company (CCE), an experienced construction firm, is responsible for the construction.
- The project supports Saudi Arabia's Vision 2030 goals for logistics sector development.
Source Intelligence
KEY DETAILS
The project will be financed through Sharia-compliant bank facilities, cash at hand, and other available financing programmes.
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Deal Size
The construction contract, valued at 233 million Saudi riyals ($62.13 million), was awarded to Riyadh-based Contracting and Construction Enterprises Company (CCE), SAL said in a statement to the Saudi stock exchange.
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Location
Construction is set to begin on the second phase of the cargo ground handling station at King Abdulaziz International Airport during the first quarter of 2026, according to SAL Saudi Logistics Services Company (SAL).
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Announcement
January 12, 2026
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COD
Construction will be completed during the third quarter of 2028, with operations expected to commence in the same quarter, subject to regulatory approvals, the statement said.
PARTIES MENTIONED IN SOURCE
S
SAL Saudi Logistics Services Company
developer
"Construction is set to begin on the second phase of the cargo ground handling station at King Abdulaziz International Airport during the first quarter of 2026, according to SAL Saudi Logistics Services Company (SAL)."
C
Contracting and Construction Enterprises Company (CCE)
contractor
"The construction contract, valued at 233 million Saudi riyals ($62.13 million), was awarded to Riyadh-based Contracting and Construction Enterprises Company (CCE), SAL said in a statement to the Saudi stock exchange."
high quality
Enriched Feb 19, 2026
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