LogiPoint Signs an Agreement with Aramex
28 Oct 2019
LogiPoint Signs an Agreement with Aramex for its New Ground Operations Hub
LogiPoint, the leading logistics business and the largest bonded and re-export zone in KSA, announces that it has signed a long-term agreement with Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, for the construction of “Build-to-Suit” facilities for Aramex’s western province ground operations.
The agreement was signed in the presence of Eng. Saad Al khalb, the President of Saudi Ports Authority “MAWANI”, Mr. Aamer Alireza, Vice Chairman of Saudi Industrial Services Company – SISCO and Captain Abdullah Al Zamee, Director General of Jeddah Islamic Port.
The new “Build-to-Suit” facility will be located in Jeddah Islamic Port with a built-up area of 20,000 square meters. LogiPoint’s central location offers Aramex an unparalleled connectivity for their last mile delivery as well as connectivity to all major highways for their linehaul business.
Farooq Shaikh, CEO of LogiPoint, said: “This agreement underlines LogiPoint's vision to act as the enabler of the logistics industry, reinforcing our ambition to grow into the Kingdom's leading logistics parks developer and operator. It is also a mark of confidence and trust which our esteemed clients pose in us when they choose LogiPoint to be their long-term partner.”
Abdulaziz bin Abdullah Alnowaiser, General Manager of Aramex in Saudi Arabia, said: “The Saudi market is a vital arena for Aramex, and today’s agreement supports our continuous efforts to keep investing in our operations in KSA, further develop our service offerings and enhance the overall customer experience. We believe this new facility will allow us to meet the growing customer demand for rapid and more efficient shipment deliveries.”
This agreement comes in line with Saudi Arabia's Vision 2030 and the National Industrial Development and Logistics Program (NDLIP), with the support of the Saudi logistics Hub Committee to transform the Saudi Logistics Landscape and develop specialized and “build-for-purpose” logistics facilities.