LogiPoint, a leading logistics infrastructure firm in Saudi Arabia, has partnered with the UK-based Unipart Group through a Memorandum of Understanding (MoU) to enhance logistics capabilities in the region.
This strategic agreement was formalized at the Global Logistics Forum 2024 in Riyadh, aiming to develop advanced logistics facilities and expand supply chain opportunities beyond traditional services.
Unipart will leverage its global expertise and supply chain solutions in Saudi Arabia, while LogiPoint will utilize its high-standard, ESG-compliant infrastructure to attract investments to the country. This partnership aligns with Saudi Arabia’s Vision 2030 to establish the nation as a prominent global logistics hub.
A representative from Unipart Saudi Arabia expressed excitement about the collaboration, emphasizing its role in supporting Vision 2030 by boosting logistics capabilities and promoting economic diversification.
Farooq Shaikh, CEO of LogiPoint, highlighted the partnership as a pivotal step in advancing Saudi Arabia’s logistics sector, aiming to drive growth and efficiency for local businesses.
The alliance is anticipated to strengthen the Kingdom’s logistics sector, attract international investments, and contribute significantly to the economic growth of Saudi Arabia.
