KSA’s lo­gis­tics in­dus­try ‘un­der­go­ing ma­jor ex­pan­sion’

Pakistan Observer - - ECONOMY WATCH -

Cur­rency Sell­ing Buy­ing JED­DAH—Messe Frank­furt Mid­dle East, one of the re­gion’s largest ex­hi­bi­tion or­ga­niz­ers, is ex­pand­ing its re­gional reach with the an­nounce­ment of the in­au­gu­ral Ma­te­ri­als Han­dling Saudi Ara­bia 2016. The two-day con­fer­ence and ex­hi­bi­tion will take place from Nov. 28-29 in Jed­dah, of­fer­ing global sup­pli­ers and re­gional man­u­fac­tur­ers di­rect ac­cess to the King­dom’s thriv­ing lo­gis­tics, ware­house, freight and cargo in­dus­tries.

Or­ga­nized in part­ner­ship with Saudibased Al-Harithy Com­pany for Ex­hi­bi­tions (ACE), Ma­te­ri­als Han­dling Saudi Ara­bia is a bi­en­nial event al­ter­nat­ing be­tween the flag­ship Ma­te­ri­als Han­dling Mid­dle East ex­hi­bi­tion in Dubai. It also marks Messe Frank­furt Mid­dle East’s sec­ond di­rect foray into the vast Saudi mar­ket, after the break­out suc­cess of the 1st edi­tion of Au­tomechanika Jed­dah in Jan. 2016. “Ma­te­ri­als Han­dling Saudi Ara­bia is the lat­est de­vel­op­ment in our on­go­ing ex­pan­sion in the King­dom, and to­gether with Ma­te­ri­als Han­dling Mid­dle East, we have a dual plat­form of­fer­ing in­tra-lo­gis­tics and sup­ply chain play­ers un­matched ac­cess to one of the most promis­ing mar­kets in the world,” said Ahmed Pauwels, CEO of Messe Frank­furt Mid­dle East.

“Saudi Ara­bia’s lo­gis­tics and ma­te­ri­als han­dling in­dus­try is un­der­go­ing im­mense ex­pan­sion and change and with it chal­lenges that are unique to the King­dom. We felt the need to pro­vide a ded­i­cated trade and net­work­ing event so key stake­hold­ers can share their ex­pe­ri­ences, un­der­stand the mar­ket re­al­i­ties, and pre­pare for fu­ture de­vel­op­ments,” he added. Muwaf­faq Al-Harith, chair­man of ACE, said: “The ware­hous­ing and lo­gis­tics sec­tor in Saudi Ara­bia is cur­rently on the up­swing, rid­ing on a phase of sus­tained in­dus­trial There has been con­sid­er­able ex­pan­sion and re­tail al­ready in the Jed­dah re­gion with the re­port ex­pan­sion, re­veal­ing that ap­prox­i­mately 45 mil­lion sqm of along with land has been al­lo­cated by Modon, a semigov­ern­ment in­fras­truc­tural or­ga­ni­za­tion that pro­motes in­vest­ment de­vel­op­ment. and job cre­ation in in­dus­trial man­u­fac­tur­ing Over the years sec­tor through the de­vel­op­ment of we have suc­ceeded in­dus­trial cities. Of this, 25 mil­lion sq m has in iden­ti­fy­ing al­ready been de­vel­oped in Jed­dah, with the de­mand re­main­ing 20 mil­lion sqm still in the con­struc­tion for fo­cused pipe­line. Fur­ther ex­pan­sion is on the trade events cards, with the con­struc­tion of the 4th in­dus­trial and we look city to the north of Jed­dah, and the ex­pan­sion for­ward to con­tin­u­ing south with more fa­cil­i­ties to be­come our as­so­ci­a­tion avail­able in the 2nd and 3rd in­dus­trial cities. with Ma­te­ri­als Han­dling Saudi Ara­bia has at­tracted Messe Frank­furt a healthy ini­tial re­sponse from sup­pli­ers Mid­dle East of prod­ucts and ser­vices re­lated to to bring Ma­te­ri­als in­tral­o­gis­tics, ware­hous­ing, sup­ply chain, Han­dling ports, and port equip­ment. Ex­hibitors al­ready Muwaf­faq Al-Harith, chair­man of ACE, with Ahmed Saudi Ara­bia to signed on in­clude Launch Part­ners Swiss­log, Pauwels, CEO of Messe Frank­furt Mid­dle East. fruition.” —Ahmed Pauwels, CEO of Messe Frank­furt SSI Scha­ef­fer, and Dai­fuku, while In­dus­try

The in­au­gu­ral Mid­dle East Part­ners in­clude Ab­dul Latif Jameel In­dus­trial edi­tion of Ma­te­ri­als Han­dling Saudi Equip­ment Com­pany the Saudi dis­trib­u­tor Ara­bia will be head­lined by the two-day Sup­ply Chain and Lo­gis­tics for Toy­ota fork­lifts Log Square, and Al Sa­maani. Frédéric Zielin­ski, Fo­rum, bring­ing to­gether top in­dus­try lead­ers, aca­demics, and so­lu­tions gen­eral man­ager for Swiss­log Mid­dle East, said: “Saudi Ara­bia is a providers ad­dress­ing the op­por­tu­ni­ties and chal­lenges in a rapidly evolv­ing very im­por­tant and grow­ing mar­ket for Swiss­log Ware­house and mar­ket. Ac­cord­ing to a re­port by Col­liers In­ter­na­tional, the Saudi Dis­tri­bu­tion So­lu­tions. On a weekly ba­sis, we re­ceive re­quests from Ara­bian lo­gis­tics and ware­hous­ing sec­tor is set to wit­ness a con­sid­er­able rel­e­vant play­ers in the King­dom, and it’s very in­spir­ing to see how boom, driven by the Saudi gov­ern­ment’s push to ex­pand the in­dus­trial com­pa­nies are keen to drive their busi­nesses for­ward.”—Agen­cies sec­tor’s con­tri­bu­tion to the econ­omy to 20 per­cent by 2020, up from the cur­rent 10 per­cent level.

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