KAEC Signs a Memorandum of Cooperation to Bolster Saudi Arabia’s Logistic Service Sector

KAEC Signs a Memorandum of Cooperation to Bolster Saudi Arabia’s Logistic Service Sector

KAEC Signs a Memorandum of Cooperation to Bolster Saudi Arabia's Logistic Service Sector



الاثنين 1442/7/3 هـ الموافق 2021/02/15 م واس

































Jeddah, February 15, 2021, SPA -- King Abdullah Economic City (KAEC) has signed a memorandum of cooperation with a national company in order to provide further support for both logistics sector in the Kingdom and King Abdullah Economic City.

The memorandum focuses on enhancing logistics services and contributes to creating promising logistic and economic opportunities in conjunction with Saudi Arabia's ambitious 2030 vision to transform the Kingdom into a global logistic hub.

Commenting on the event, the Company's CEO emphasized the importance of this strategic partnership and its role to enhance the cargo ground handling services from and to KAEC. He also mentioned that selecting KAEC was a perfect choice due to its unrivaled logistic position in the region and prominent strategic economic and investment location.

Ahmed Linjawy, CEO of KAEC said: "This memorandum aims to enhance strategic partnerships we enjoy with different public and private entities and is part of our continuous efforts to provide investors