Agility, a provide chain companies, infrastructure and innovation firm, signed a memorandum of understanding with the Saudi Railway Firm (SAR) final Sunday to have a look at necessities for inter-modal storage, transportation and processing amenities in Sudair Metropolis for Trade and Companies and close to King Khalid Worldwide Airport.
Underneath its Imaginative and prescient 2030 nationwide technique, Saudi Arabia has got down to set up itself as a worldwide hub for logistics and commerce by way of huge funding within the modernization and enlargement of its logistics and transportation infrastructure.
“Saudi Arabia is quickly transferring towards reaching its objective to be one of many world’s most essential facilities of commerce, transportation and logistics,” mentioned Agility Vice Chairman Tarek Sultan. “Agility has been a long-time supporter, companion and investor within the Saudi logistics sector. We’ve got a long time of expertise right here, and we’ve constructed a number of the Kingdom’s most superior logistics infrastructure. We see a future the place Saudi and the area lead the world’s provide chain sector. We thank SAR for giving us the chance to be a part of this future and the chance to contribute to Saudi’s development and success story”
The corporate has been investing in Saudi Arabia for 20 years. Its Agility Logistics Parks (ALP) enterprise developed and operates world-class logistics parks and warehousing amenities in Riyadh and Dammam. A 3rd giant ALP complicated is beneath development in Jeddah. The entity’s Riyadh Logistics Park consists of “inexperienced” buildings which can be the first EDGE Superior-certified warehousing within the GCC.