Industrial Valley to offer investors premium logistics and advanced infrastructure services
The Saudi Logistics Company (SAL) recently signed a ‘Memorandum of Cooperation’ to provide further support and enhanced logistics services to King Abdullah Economic City (KAEC).
The memorandum, signed by Omar Talal Hariri, CEO, SAL, and Ahmed Linjawi, CEO, KAEC, focuses on boosting logistics services and creating logistics and economic opportunities consistent with Saudi Arabia’s ambitious 2030 vision to transform the Kingdom into a global logistic hub.
Hariri emphasized the importance of this strategic partnership and its role to enhance the cargo ground handling services to and from KAEC. He also affirmed that partnering with KAEC was an ideal choice as one of the largest mega projects in the Kingdom and also for its prominent strategic economic and investment location.
He further asserted that SAL would utilize all its logistic capabilities to take advantage of the competitive benefits the Industrial Valley at KAEC had to offer.
Invigorating economic growth
“This memorandum aims to enhance the strategic partnerships we enjoy with multiple public and private entities and is part of our continued efforts to provide investors both from within and outside the Kingdom with a productive, stimulating environment to support, grow and diversify the national economy,” observed Linjawi.
The signing of the memorandum, he further noted, is in line with the Kingdom’s 2030 vision to becoming a global logistic hub and giant and cements the Industrial Valley’s position as an important logistic connection and convergence point for the east and west trade routes.
SAL is the logistic arm of Saudi Arabian Airlines (Saudia) offering premium cargo handling services to airline carriers at Saudi Arabia’s domestic airports and a multi-model connectivity service.
Industrial Valley
Thanks to its competitive privileges, the Industrial Valley at KAEC serves as an attractive destination for the world’s reputed food and pharmaceutical firms offering investors high quality logistics and integrated infrastructure services.
What makes the Industrial Valley so special is its connection with King Abdullah Port and the international flight network, not to mention the fully integrated facilities, housing solutions and social services that remain affordable for all budgets.
The Economic Cities & Special Zones Authority (ECZA) is the sole regulator of KAEC, which serves as the facilitator of all governmental procedures and ensures a comfortable and stimulant environment for all investors in and outside the Kingdom.
KAEC is one of the largest private sector economic projects on the global level spanning over 185 million square meters on the Red sea coast north of Jeddah.
