Fatima Muhammad
JEDDAH — Investors have raised their concern regarding additional charges they have to spend to destroy products that are no longer useful which are still in the port. These destructions they said should not be their responsibility since the products have been affected by factors that are not under their controls, like electricity cuts.
In this context, Tariq Al-Marzouqi, head of the Navigation Agencies Committee at the JCCI noted that obliging the investor to destroy the products result in great loss and added that they do not want to be the only party to lose. He added that they want to reach an agreement that satisfies all parties. The Navigation Agencies Committee at the Jeddah Chamber of Commerce and Industry stressed in its meeting Sunday on the need for further collaboration at Jeddah Islamic Port to speed the process of handing containers to investors.
The committee is expected to meet Saleh Al-Kelaiwi, general manager of the custom department at the port to discuss the pressing issues they face.
Abdullah Al-Zumaei, general manager of Jeddah Islamic Port, said earlier that the destruction of the spoiler goods is the responsibly of the agency or the traders, a statement that annoyed investors.
Jeddah Port is expected to increase its capacity by 50% over the coming 18 months. The new expansion will allow the port to welcome over 2.2 million containers a year.
