The King Salman International Airport Development Co., owned by Saudi Arabia’s sovereign wealth fund, has partnered with ewpartners, a firm known for private investment and strategic alliances.
This collaboration with the Public Investment Fund aims to capitalize on Saudi Arabia’s strategic position at the crossroads of three continents, enhancing logistics growth and operational excellence.
Plans include creating an economic hub for e-commerce and distribution, aligning with initiatives from the Ministry of Transport and Logistics Services. The goal is to streamline supply chains and boost trade and investment, supporting the National Transport and Logistics Strategy and Saudi Vision 2030.
The agreement focuses on establishing a logistics center at King Salman International Airport, strengthening distribution management between China and Saudi Arabia. This move is expected to enhance Saudi Arabia’s role as a key air freight hub in the region.
The logistics center aims to improve distribution efficiency on both regional and international fronts, positioning the airport as a global logistics hub and highlighting Saudi Arabia’s strategic importance in global services.
Marco Mejia, acting CEO of KSIADC, stated that the partnership is crucial for transforming KSIA into a major logistics center serving regional and global businesses, thereby supporting Saudi Arabia’s trade growth.
He emphasized that collaborating with ewpartners will boost the Kingdom’s logistical infrastructure, operational efficiency, and economic growth opportunities.
Jerry Li, founder of ewpartners, noted that the airport’s strategic location and commercial capabilities will foster innovation and growth in the logistics and e-commerce sectors in Saudi Arabia.
The partners plan to advance various sectors, including infrastructure, digital services, advanced manufacturing, and logistics.
