Expands into Greater China and Asia-Pacific from new Hong Kong Hub
Saudia Cargo has announced a landmark joint venture agreement with its long-standing strategic partner in China, TAM Group.
This pivotal collaboration establishes ‘Saudia Cargo Global’, a dedicated entity based in Hong Kong, designed to serve as Saudia Cargo’s dynamic command centre for Greater China, Asia-Pacific (APAC) and beyond.
This move significantly enhances Saudia Cargo’s commercial reach, service capabilities, and customer engagement in one of the world’s most vital trade and logistics markets, according to a press statement.
By leveraging Hong Kong’s position as a thriving cargo hub with immense potential to facilitate trade, particularly amidst the continued e-commerce growth, Saudia Cargo Global will seamlessly link businesses within the region and beyond, to the Kingdom of Saudi Arabia and the global marketplace.
Expertise
“Leveraging TAM Group’s expertise and our robust network, Saudia Cargo Global will unlock new opportunities, enhance customer agility, and significantly strengthen regional and international trade through five dedicated freighter hubs. This venture is crucial for diversifying our economy, boosting non-oil exports, and accelerating the Kingdom’s rise as a global logistics hub,” commented Eng. Loay Mashabi, CEO and Managing Director, Saudia Cargo.
“Hong Kong’s incredibly crucial position allows us to serve the Greater China region and beyond, including Southeast Asia and key worldwide markets while also aligning perfectly with the Hong Kong SAR government’s initiatives to strengthen ties with the Middle East,” remarked Dr Tam Wing Kun, Founder and Chairman, TAM Group.
Saudia Cargo Global will introduce enhanced services specifically tailored to the diverse needs of the Greater China market, with plans to further expand into APAC. These include optimised freighter operations leveraging Hong Kong’s strategic location, advanced e-commerce logistics solutions to capitalise on the region’s booming online trade, and specialised pharmaceutical transports meeting stringent global standards.
