New 900,000 sqm logistics park in Riyadh represents support of Vision 2030
RIYADH – October 20, 2019 – Agility, a leading global logistics provider, today announced the opening of a new 900,000 square meter logistics park in Riyadh, part of a series of investments in the country valued at 1 billion Saudi riyals (SAR).
The new facility, inaugurated on October 17, was developed by Agility Logistics Parks (ALP) and includes 250,000 sqm of built-up, high standard warehousing and logistics facilities. The Riyadh ALP will serve leading multinationals as well as small and medium-sized businesses operating in Saudi Arabia.
H.E. Dr. Nabil Alamoudi, Saudi Arabia Minister of Transportation, said: “The Kingdom of Saudi Arabia is heavily investing in logistics infrastructure, to enable us to compete globally, in line with the goal set out in Vision 2030. The support of key private sector partners, such as Agility, will help us achieve this vision.”