SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Shipping & Logistic(Shipping and Logistic)
Filter PR by
  
King Salman Energy Park's Logistics Zone to begin Operations in 2024
 
King Salman Energy Park's Logistics Zone to begin Operations in 2024
• The Logistics Zone will feature the first and largest private dry port in the region, on-site customs clearance services and bonded warehouses
• The Zone will be operated by SPARK Logistics, a JV between SPARK and Hutchison Ports and will handle ten million metric tons of cargo
• Its establishment enhances access to global markets and advances SPARK’s commitment to build an integrated, sustainable ecosystem in the heart of the Eastern Province.
 
Saudi Arabia, 29 August 2023 - King Salman Energy Park (SPARK) announced today that its Logistics Zone will begin operations in 2024. The Logistics Zone, a state-of-the-art, fully automated district, will feature the first and largest private dry port in the region, on-site customs clearance services and bonded warehouses. It will be operated and maintained by SPARK Logistics, a joint venture established between SPARK and Hutchison Ports, the leading global ports operator.
The Logistics Zone will leverage SPARK’s strategic location in the Eastern Province, serving as a gateway for the regional energy sector. It will ease access to global markets and enable businesses to capture the growing demand for energy-related products through a seamless and efficient supply chain. Once fully operational, the Zone will handle up to ten million tons of cargo utilizing fully automated RTG’s (Rubber Tyred Gantry Yard cranes) and gates, along with the latest dedicated non-invasive scanning equipment to expedite the clearance of cargo. 
 
Saif Al Qahtani, President, and CEO of SPARK said, “The establishment of the Logistics Zone marks an important milestone for SPARK as we work towards building an integrated, world-class ecosystem in the heart of energy demand for investors and tenants. Through the Zone, we aim to attract significant investment, drive economic growth and create new opportunities for businesses by providing unmatched access and connectivity to the region. This step advances our commitment to build a leading industrial ecosystem that connects the world to opportunities in the Saudi energy sector and beyond.”
 
The Logistics Zone is included as one of the designated logistics zones within the National Transport and Logistics Strategy’s Logistics Masterplan. It was developed as part of SPARK's commitment to foster a vibrant energy ecosystem and world-class energy hub that drives economic growth and innovation in the MENA region, while advancing the Vision 2030’s ambitions to transform the Kingdom into a global logistics hub and increase local manufacturing. 


Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 13005 times
PR Category : Shipping and Logistic
Posted on : Tuesday, August 29, 2023  4:59:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Previous Story : Brands For Less Group is Set to Open its First Logistics Dis...
Next Story : DP World's Cargoes Community Vessel Status Dashboard goes Li...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
LG Announces Third-Quarter 2023 Financial Results [13481-Views]
Savoye Acquires a Major Contract in KSA to Support CJ Logistics and iHerb with World-class Automatio... [8692-Views]
Formula E Announces Biggest-Ever Calendar for Tenth Anniversary Season [8017-Views]
Qatar Tourism Forges Strategic Partnerships and Alliances on UNWTO World Tourism Day 2023 [7647-Views]
IATA Secures More Data Contributors for CO2 Connect [7016-Views]
30th Anniversary of the WWW: Better access to Education and Healthcare Top Aspirations for the Next ... [6936-Views]
STC Dominates Speed, Mobily Excels in Video: Saudi Arabia's Mobile Network Experience Revealed [6863-Views]
Passenger Demand Recovery Continues in August [6839-Views]
Free Rides for Saudis to Flu Vaccination Centers [6833-Views]
Exclusive Family and Romantic Experiences at InterContinental Durrat Al Riyadh [6748-Views]
Saudi-based FM Professionals Soar to New Heights Following Investment in L&D [6626-Views]
Saudi Aramco's Drilling and Workover Facilities Commence Operations at SPARK [6553-Views]
Radisson Hotel Riyadh Airport Welcomes the Holidays with Brand-New, Family-Friendly Offers [6530-Views]
KFSH&RC Organizes 10th International Nursing Conference to Explore Latest Advances in Nursing with T... [6370-Views]
Saudi Medical Team Brought an Ataxia Patient to Walk Again [6331-Views]
Al Ain Allied Investment Unveils Comprehensive E-Commerce Solutions [4272-Views]
Latest trends in UAE and Saudi Arabian inbound and Outbound Travel will further develop GCC Tourism,... [4218-Views]
KFSH&RC Organizes Annual Clinical Trials Conference [4084-Views]
Art, Fashion and Love Unites in Riyadh: Shein Showcased the Power of Fashion through Purpose [4075-Views]
Made in Russia Innovations for Sustainable Development: What Russian Companies will Show in Dubai at... [3588-Views]
 
RSS Facebook Twitter LinkedDin SaudiArabiaPR.com on Instagram
 
Top Sections
 
Top Stories