Parties agree to study the need for new freight and logistics infrastructure near Riyadh
Agility recently signed a memorandum of understanding with the Saudi Railway Company (SAR) to look at requirements for inter-modal storage, transportation and processing facilities in Sudair City for Industry and Businesses and near King Khalid International Airport.
Under its Vision 2030 national strategy, Saudi Arabia has set out to establish itself as a global hub for logistics and trade through massive investment in the modernization and expansion of its logistics and transportation infrastructure.
“Agility has been a long-time supporter, partner and investor in the Saudi logistics sector. We have decades of experience here, and we’ve built some of the Kingdom’s most advanced logistics infrastructure. We see a future where Saudi and the region lead the world’s supply chain sector,” stated Tarek Sultan, Vice Chairman, Agility.
World-class logistics park
Agility has been investing in Saudi Arabia for two decades. Its Agility Logistics Parks (ALP) business developed and operates world-class logistics parks and warehousing facilities in Riyadh and Dammam.
A third large ALP complex is under construction in Jeddah. Agility’s Riyadh Logistics Park includes “green” buildings that are the first EDGE Advanced-certified warehousing in the GCC.
Other Agility businesses serve Saudi Arabia’s energy, aviation and e-commerce sectors. The company’s corporate venture arm is an investor in Saudi startups in e-commerce and digital freight matching for the trucking industry.
Agility also is one of the largest shareholders in DSV, a global logistics provider and key logistics partner of NEOM, the ultra-modern, smart mega-city project near the Red Sea in the northwest part of the Kingdom.
