RIYADH, Saudi Arabia, April 7th, 2009: Agility has opened one of the largest warehouses in the Kingdom of Saudi Arabia as part of its strategy to be the integrated logistics service provider of choice across KSA and throughout the Middle East.
The multi-million riyal 40,000 square meter warehouse is strategically located in Riyadh's Sulay district and will serve Agility's regional customers from industries such as diary products, retail, medical systems and telecommunication, as well as international markets such as Europe, the Far East and the Americas.
The new warehouse was officially opened in the presence of Mr. Tarek Sultan, Chairman and Managing Director of Agility, Mr. Elias Monem, CEO of Agility Middle East and Africa, Mr. John Gould, Agility Country CEO for Saudi Arabia and several high profile government and Agility officials.
Offering over 50,000 pallet locations, Agility's state-of-the-art warehouse will complement the growing volume of cargo handled in the region. Twenty thousand square meters of the warehouse is allocated for storing dry materials while an equivalent area will be dedicated to cold storage, with controlled temperature environments that range from -25 degrees Celsius to 5 degree Celsius.
Speaking at the inauguration ceremony, Mr. Tarek Sultan said: "After months of research, planning and collaboration, we have created a development that represents Agility and this land we call home.
"Agility has grown on a worldwide scale and now has a family of over 34,000 employees. We are operating in over 120 countries through 550 offices, we are acquiring new companies and signing joint ventures, and we are poised to emerge as the biggest brand in the global logistics industry," he said.
Agility's Riyadh complex offers a full range of warehousing facilities with automatic and manual handling equipment, enabling efficient operations through peak line-haul arrival and departure periods and earlier on-road departure times. Investment for growth in high technology depot facilities and IT service support continues to give Agility the edge.
Elias Monem, CEO of Agility Middle East and Africa, said: "Riyadh is the perfect location to give us quick and easy access in order to efficiently serve our clients' logistical requirements and the ability to grow our business. By providing the necessary infrastructural support, the new warehouse can help the Agility teams here to provider a faster delivery time and more convenient service to our customers in the region.
"The investment being made by Agility is strategically important both for the company and for the Kingdom of Saudi Arabia," Monem said. "We clearly believe that Saudi Arabia is an excellent place to do business and look forward to implementing our sophisticated supply chain initiatives in the region".
The warehouse will employ over 350 people at full operation.
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About Agility
Agility is one of the world's leading providers of integrated logistics to businesses and governments. It is a publicly traded company with $6.8 billion in annual revenue and more than 34,000 employees in over 550 offices and 120 countries. Agility brings efficiency to supply chains in some of the globe's most challenging environments, offering unmatched personal service, a global footprint, and customized capabilities in developed and emerging economies alike.
Agility's commercial division, Agility Global Integrated Logistics (GIL), is headquartered in Switzerland and provides supply chain solutions to customers in technology, retail, chemicals, and other industries. Agility Defense & Government Services (DGS), based in Washington, offers logistics services to governments, relief agencies and international institutions worldwide. Agility Infrastructure group companies primarily focus on opportunities in the Middle East, Africa and South Asia, providing infrastructure support in the areas of industrial real estate, customs optimization, and airline services.
For more information visit our website: www.agilitylogistics.com
Media Contact information:
Nita Bhatkar
Manager - Global Public Relations
Kuwait
Tel. +965.498.1154
Fax +965.467.1013
Email: nbhatkar@agilitylogistics.com
Jonathan Tudor/ Komal Manglani
Polaris Public Relations, Dubai
Tel: +971 4 341 5555
Fax: +9714 341 5588
Email : k.manglani@polaris-me.com
© Press Release 2009