Agility and SAR agreedto evaluate the necessity for new freight and logistics infrastructure near Riyadh
Agility, a supply chain services, infrastructure and innovation company, signed a memorandum of understanding with the Saudi Railway Company (SAR) last Sunday 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.
“Saudi Arabia is rapidly moving toward achieving its goal to be one of the world’s most important centers of trade, transportation and logistics,” said Agility Vice Chairman Tarek Sultan. “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. We thank SAR for giving us the opportunity to be part of this future and the opportunity to contribute to Saudi’s growth and success story”
The company 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. The entity’s Riyadh Logistics Park includes “green” buildings that are the first EDGE Advanced-certified warehousing in the GCC.