LogiPoint and NAQEL signed an agreement to establish the first Bonded Express facility at LogiPoint – Bonded and Re-Export Zone at Jeddah Islamic Port, which will be dedicated to e-commerce operations.
In accordance with Saudi Vision 2030 and the National Industrial Development and Logistics Program (NDLIP), this facility will be the first of its kind at a Saudi Port dedicated to the clearance and fulfillment of express and e-commerce shipments.
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Once completed the facility will be able to handle inbound and outbound express shipments by sea, air and land transportation
Talking about this facility, Farooq Shaikh, CEO LogiPoint, pinpointed that the logistics sector in Saudi Arabia is transforming rapidly, and such an agreement will provide world-class logistics facilities, but also the eco-system that facilitates their service offerings.”