LogiPoint Bonded Corridor Emerging as Logistics Hub

LogiPoint Bonded Corridor Emerging as Logistics Hub

Big boost for multimodal movement of cargo in the region

LogiPoint at Jeddah Islamic Port established the first bonded corridor connecting the Bonded and Re-Export Zone at Jeddah Islamic Port and King Abdulaziz International Airport to facilitate the multimodal movement of cargo.

A trial was successfully conducted on a shipment that arrived by sea freight to LogiPoint Bonded and Re-Export Zone at Jeddah Islamic Port then shipped onward to its final destination in the Netherlands by airfreight through King Abdulaziz International airport.

With the support of the Saudi Customs and Jeddah Islamic Port and in line with vision 2030 and the National Industrial Development and Logistics Program (NDLIP), the success of the shipment points to the increasing competitiveness of the region.

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It creates an efficient and cost-effective sea-air and air-sea link to establish Jeddah as a preferred multimodal transshipment hub.

LogiPoint CEO Farooq Shaikh said, "The bonded corridor facilitates trade for customers by providing a multimodal bonded access to regional target markets combining sea, land and air freight. It also gives Jeddah a significant advantage to compete in the transshipment cargo segment"

LogiPoint is always making dynamic efforts to introduce international concepts and solutions towards enhancing logistics efficiency to attract foreign investors. Its strategic location and the world-class facilities have which strengthen the position of Jeddah Islamic Port a major logistics hub.

Read More: LogiPoint Signs Deal with Aramex for New Operations Hub

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Transport and Logistics ME