Abdul Latif Jameel has signed an agreement with the General Authority of Civil Aviation (GACA) to build a 5,500m2 express gateway facility at King Khalid International Airport in Riyadh, Saudi Arabia.
The new facility will provide FedEx Express operations – of which Abdul Latif Jameel Transportation Co. is licensee – with 24-hour in-house clearance processes and enhanced security for all shipments.
The General Investment Authority expects international air cargo in Saudi Arabia to grow by significantly by 2020, and this facility – which will be operational by January 2019 – will allow Abdul Latif Jameel and FedEx Express to cater for the increased demand.
The agreement’s signing ceremony was attended by Tariq Al-Abed Al-Jabbar (Vice President, GACA), Faisal Al-Samannoudi (Vice Chairman, Abdul Latif Jameel Investments), and Omar Hariri (Managing Director, Abdul Latif Jameel Transportation Co. Ltd.).
Faisal Al-Samannoudi said: “The new, state-of-the-art facilities at King Khalid International put Abdul Latif Jameel and FedEx Express at the forefront of logistics in the Kingdom, building our shared capabilities to meet all our customers’ import and export needs.”
In January 2015, FedEx Express, the world’s largest express transportation company, appointed Abdul Latif Jameel Transportation as its authorized service provider in Saudi Arabia, providing international services to and from 220 countries and territories.