Red Sea Gateway Terminal (RSGT) and CMA CGM Group have agreed to jointly develop and operate Terminal 4 at Jeddah Islamic Port, with an initial investment of about SAR 1.6 billion, equivalent to roughly $434 million. The definitive agreements were signed in Paris on 25 August during the French‑Saudi Investment Roundtable Meeting, Port Technology International reported.
The deal, announced by Port Technology International on 25 August 2026, formalises a partnership to deliver and operate the new container facility at the port. The signing completed the definitive documentation for the joint development and operation of Terminal 4.
The investment figure given in the report is approximately SAR 1.6 billion, which the source converted to about $434 million. The two groups will cooperate on developing the terminal and on its subsequent operational management under the terms set out in the agreements.
Agreement and financing
The definitive agreements were executed in Paris on 25 August as part of the business events convened alongside the French‑Saudi Investment Roundtable Meeting. Port Technology International reported the signing and the scale of the initial investment.
Neither the report nor the supplied notes spell out the detailed financing structure, equity shares or the precise timetable for construction and commissioning. What is clear is that both RSGT and CMA CGM are signatories to the agreement to develop and operate the terminal.
Strategic context and implications
The move ties a significant container carrier and a long‑established terminal operator into the next stage of development at Jeddah Islamic Port. The agreement signals serious private investment in the terminal asset and a commitment to operate the facility jointly.
Port Technology International’s coverage did not include projected throughput figures, berth plans or equipment lists, and the supplied notes do not record further operational details. Those specifics will be required to assess the likely impact on regional capacity and shipping patterns.
The involvement of RSGT alongside CMA CGM places the terminal under an operator–carrier partnership model, which has in other cases influenced slot allocation, liner service calls and terminal operational priorities. The report confines itself to the announcement of the joint development and the headline investment amount.
The signing’s timing, coincident with the French‑Saudi meeting in Paris, highlights the role of high‑level investment forums in facilitating cross‑border infrastructure agreements. Beyond the signing ceremony, the report does not list attending officials or additional investors.
Port Technology International is the source of the announcement and the figures reported here. Its item forms the basis for this account of the agreement between RSGT and CMA CGM to develop Terminal 4 at Jeddah Islamic Port.
Further reporting will be needed to obtain the detailed commercial terms, construction schedule and operational arrangements for the terminal. Market participants and shippers will watch for published concession documents, operator statements or regulatory filings that set out the precise roadmap from agreement to operations.