Prime Highlights
- SAL Logistics and SPARK Logistics signed an MoU to explore joint logistics and supply chain projects.
- The partnership supports Saudi Vision 2030 by improving logistics infrastructure and industrial connectivity.
Key Facts
- SAL Logistics Services is a Saudi company providing cargo handling, logistics and supply chain solutions.
- SPARK Logistics operates the dry port and logistics zone at King Salman Energy City in the Eastern Province.
Background
SAL Logistics Services (SLS) has signed an agreement with King Salman Energy City Dry Port (SPARK Logistics) to discuss cooperation in the fields of logistics, supply chain solutions and industrial services in Saudi Arabia.
Based on the agreement, both parties are looking for new business opportunities and enhancing the coordination of logistics operations. It also backs Saudi Arabia’s Vision 2030 plan to further develop the country’s logistics industry and grow its industry base.
Understanding will include the study of projects in the domain of logistics services, supply chain management, warehousing and transportation, with SAL Logistics and SPARK Logistics. They will also be exposed to ways of integrating their operations to support industrial and commercial activities throughout the Kingdom.
Meanwhile, in the Eastern Province, SPARK Logistics has a dry port and logistics zone that connects industrial plants with regional and international trade routes. The company SAL Logistics will share its expertise in cargo handling and integrated logistics services with future projects in the partnership.
According to the companies, the partnership will enhance logistics services, promote industrial development and provide more efficient solutions for the supply chain for businesses. It also shows their common concern for the improvement of logistics facilities and exchange between industry and logistics.
Within the context of the logistics development strategy of SAL Logistics in Saudi Arabia, the signing of the memorandum of understanding (MoU) will enable the company to build up logistics capacities and work together with other organizations within the sector. The two organizations will seek to help in the development of the capacity of the Kingdom to become an important logistics hub not only in the region but globally through the Vision 2030 program.
