LogiPoint, a Kingdom of Saudi Arabia based logistics park developer and operator, has signed an agreement with Naqel Express, a subsidiary of Saudi Post, to establish the first bonded express cargo facility at its Bonded and Re-Export Zone at Jeddah Islamic Port. The arrangement will be dedicated to e-commerce operations.
According to LogiPoint, this facility will be the first of its kind at a Saudi Port and will be dedicated to the clearance and fulfilment of express and e-commerce shipments. Once completed, the facility will be able to handle inbound and outbound express shipments by sea, air and land. “With this expansion, we will further strengthen our service offering to e-retailers, on-line platforms and exporting companies around the world aiming to penetrate their target markets in Saudi Arabia and rest of the Middle East,” commented Mohammed Al Bayati, chief executive of Naqel Express.