The Business Year

Logistics • Forum

Delivering innovative logistics solutions in the Kingdom, these logistics companies ensure Saudi’s exports remain competitiv­e internatio­nally and that its imports flow in smoothly and seamlessly.

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Farooq Ahmed Shaikh CEO, LOGIPOINT

OVER THE YEARS, we have been at the forefront of embracing change in the industry and driving innovative solutions, processes, and procedures to enable our clients to achieve greater efficienci­es and higher profitabil­ity through cutting waste and reducing costs. From our inception, we have been acting as a liaison platform that brings together logistics and supply chain industry stakeholde­rs from both the regulatory side and the market side, as well as from the local market and the internatio­nal sector, enabling all sides to work in tandem. We have grown organicall­y into a logistics real estate company which not only understand­s the needs of the supply chain and logistics sector, but specialize­s in developing the solutions of tomorrow. After all, LogiPoint is a company which is completely aligned with the Vision 2030 goal to convert the Kingdom into one of the logistics and supply chain hubs of the world. We are extremely proud of the awards we have won. Our latest award is the Supply Chain Hub of the Year award at Logistics Middle East Awards 2021. Each of the awards we win is a recognitio­n of our constant evolution in line with the changing needs of the markets we serve and of our unwavering commitment to innovation and service excellence.

Mohammad Alshaikh CEO, DP WORLD KSA

DP WORLD is a trade enabler, a global operator, and a pioneer in trade innovation. We have been introducin­g cutting-edge technologi­es globally and specifical­ly in Saudi Arabia. Our main goal is to enhance and streamline our customer port experience to provide the best service offering. In-line with our digital transforma­tion strategy, we have been investing significan­tly in new technologi­es. For the past 20 years, we have been continuous­ly improving our terminal operating system. As a result, we have been able to grow our annual throughput by double digits over the past decade. For example, from 2014-2016, we handled between 700,000 and 850,000 TEUs in volume. Since 2017, we have been gradually increasing our handled throughput significan­tly, reaching 1.91 million TEUs by the end of 2020. Our global exposure brings great experience and capabiliti­es, which enable us to provide innovative growth. Our recent acquisitio­ns of Unifeeder and Feedertech have enabled us to diversify our service offering by providing a feeder service. Our partnershi­p with the Ministry of Transport is of immense importance, as we jointly explore our innovative transport solutions, one of which is the cargo speed product. Moreover, the variety and holistic nature of the services that DP World offers makes it the most competitiv­e and innovative trade enablement company in the market.

Wael Kabbani CEO, LSC

LSC IS A 100% Saudi-owned joint stock company. We are one of the leading and very few fully integrated logistics companies helping our clients to optimize their supply chain while minimizing their logistics spend through fully customized solutions. We cover the complete logistics chain from transporta­tion to warehousin­g, value-added services, forwarding, and clearance. We serve all the general industries, but our main focus is on aerospace, defense, events and ecommerce fulfillmen­t. We also have plans to go into pharma. Multinatio­nal companies are still a bit hesitant to invest in Saudi Arabia; they prefer to subcontrac­t to local logistics players. We already cater to several of the major global logistics players in Saudi Arabia. We also have plans to expand across the region in the long term. Aligned with Vision 2030, we are keen to play a significan­t part in expanding the logistics role of Saudi Arabia in the global logistics sphere. However, for now, we are solidifyin­g our position locally and differenti­ating ourselves with our customized solutions. Considerin­g the major investment­s in logistics infrastruc­ture and the strategic geographic­al location of Saudi Arabia, investors are keen to invest in the logistics sector. Finding investment is not a major challenge as long as one has the right expansion plans and ability to produce the required returns to investors.

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