Tarek Sultan with Bashar Al Malik, CEO of SAR
RIYADH, Oct 13: Agility, a provide chain companies, infrastructure and innovation firm, signed a memorandum of understanding with the Saudi Railway Firm (SAR) at present to have a look at necessities for inter-modal storage, transportation and processing amenities in Sudair Metropolis for Business 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 world hub for logistics and commerce by means of huge funding within the modernization and enlargement of its logistics and transportation infrastructure.
“Saudi Arabia is quickly shifting towards reaching its aim to be one of many world’s most vital facilities of commerce, transportation and logistics,” mentioned Agility Vice Chairman Tarek Sultan. “Agility has been a long-time supporter, accomplice and investor within the Saudi logistics sector. We have now a long time of expertise right here, and we’ve constructed a few of the Kingdom’s most superior logistics infrastructure. We see a future not too far-off 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”
Agility has been investing in Saudi Arabia for 20 years. Its Agility Logistics Parks (ALP) unit developed and operates world-class logistics parks and warehousing amenities in Riyadh and Dammam. The Riyadh ALP contains “inexperienced” buildings which might be the primary EDGE Superior-certified warehousing within the GCC. A 3rd giant ALP advanced is beneath building in Jeddah and scheduled to open in 2025.
Different Agility companies serve Saudi Arabia’s power, aviation and e-commerce sectors. The corporate’s company enterprise arm is an investor in Saudi startups in e-commerce and digital freight matching for the trucking business.
Final yr, Agility signed an MOU with the Ministry of Funding of Saudi Arabia (MISA) to strengthen the Saudi healthcare sector by increasing digital well being companies, localizing the medical expertise provide chain, and selling the switch of crucial provide chain and healthcare information by means of new companies, expertise, funding and jobs.
Agility additionally is without doubt one of the largest shareholders in DSV, a world logistics supplier and key logistics accomplice of NEOM, the ultra-modern, sensible mega-city challenge close to the Purple Sea within the northwest a part of the Kingdom.
