--- title: "CMA CGM and RSGT Finalize $434 Million Joint Investment for Jeddah Terminal 4" url: https://alitoday.com/cma-cgm-and-rsgt-finalize-434-million-joint-investment-for-jeddah-terminal-4/ date: 2026-09-07 modified: 2026-09-07 lang: en author: "Shahe Umam Al-Ansari" description: "JEDDAH : Red Sea Gateway Terminal (RSGT) and the CMA CGM Group have signed definitive agreements to jointly develop and operate Terminal 4 at Jeddah Islamic Port. The project represents..." categories: - "Business" - "World" tags: - "Jeddah" - "KSA" - "Red Sea" - "Saudi Arabia" image: https://i0.wp.com/alitoday.com/wp-content/uploads/2026/09/converted-16.webp?fit=840%2C560&ssl=1 word_count: 669 --- # CMA CGM and RSGT Finalize $434 Million Joint Investment for Jeddah Terminal 4 **JEDDAH **: Red Sea Gateway Terminal (RSGT) and the CMA CGM Group have signed definitive agreements to jointly develop and operate Terminal 4 at [Jeddah ](https://alitoday.com/bangladesh-open-to-joining-saudi-arabia-pakistan-turkiye-defence-pact/)Islamic Port. The project represents an initial investment of approximately USD 434 million (SAR 1.6 billion), marking one of the largest foreign direct investments in Saudi Arabia's maritime sector . The agreement was formalized in Paris during the French-Saudi Investment Roundtable Meeting. The signing ceremony was attended by His Royal Highness Prince [Mohammed bin Salman bin Abdulaziz Al Saud](https://en.wikipedia.org/wiki/Mohammed_bin_Salman), Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, and His Excellency Emmanuel Macron, President of the French Republic . The development will add up to 2.6 million TEUs of annual container handling capacity as part of RSGT's existing concession at the port . The new terminal will feature deep-water berths designed to accommodate the world's largest container vessels and will be equipped with 10 new ship-to-shore cranes and advanced terminal technologies . **Strategic Infrastructure Expansion** The enhanced infrastructure is intended to strengthen Jeddah Islamic Port's ability to serve larger vessels and major international shipping lines. This supports greater trade volumes and improved access to international markets for Saudi imports and exports . The project aligns with the Kingdom's National Transport and Logistics Strategy and the ambitions of Saudi Vision 2030 . It reflects Saudi Arabia's broader efforts to attract international investment into its logistics sector and strengthen its position within global trade networks . H.E. Eng. Suliman bin Khalid Al-Mazrou, President of the Saudi Ports Authority (Mawani), affirmed that the agreement represents a significant milestone. He stated that it reflects the Kingdom's attractiveness for investment in the maritime sector and growing confidence among global investors in the Saudi ports ecosystem . **Partnership and Statements** The partnership combines RSGT's operational expertise and local presence with CMA CGM's global shipping network, logistics capabilities, and terminal operating experience. CMA CGM currently holds interests in 64 port terminals worldwide . Aamer Abdullah Alireza, Executive Chairman of the Board of Directors of RSGT, said: 'This partnership represents a defining milestone for both RSGT and Saudi Arabia's maritime sector. It reflects the Kingdom's ability to attract world-class international investors and demonstrates growing confidence in Saudi Arabia's economic future, logistics ambitions and strategic position at the heart of global trade. Together with CMA CGM, we are investing in infrastructure that will create long-term value, strengthen national competitiveness and support the Kingdom's transformation into a leading global logistics hub' . Lars Vang Christensen, Group Chief Executive Officer of RSGT, said: 'Today's signing marks a significant milestone in the development of RSGT and Jeddah Islamic Port. The agreement also reflects our long-term commitment to supporting Saudi Arabia's logistics ambitions as well as our service to valuable customers. Through our upcoming partnership with CMA CGM, and with the continued support of the Ministry of Transport and Logistics Services and Mawani, we are delivering a project that will increase our container capacity significantly' . Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said: 'As global trade landscape continues to evolve and infrastructures need to expand and modernize, terminals are becoming increasingly strategic assets, essential to securing our operations, strengthening major trade corridors and providing our customers with greater reliability. Today, alongside RSGT, we are taking a major new step forward in Jeddah with a state-of-the-art terminal designed to handle the world's largest container vessels and equipped with the most advanced technologies. This investment reflects our long-term commitment to Saudi Arabia and our determination to continue supporting the Kingdom as it strengthens its position as a leading global trade and logistics hub' . **Project Outlook** The development follows a term sheet agreed upon by the parties in late 2025, transitioning the project into its definitive contractual phase . The new Terminal 4 will be built adjacent to the existing RSGT terminal complex at Jeddah Islamic Port . Once operational, the additional capacity is expected to raise RSGT's total annual handling capacity at the port to approximately 8.8 million TEUs .