ROSHN Group and Agility to build a massive logistics park in Saudi Arabia
ROSHN Group,
one of Saudi Arabia’s leading real estate developers, has signed heads of terms
with Agility Logistics Parks
(ALP) to establish a joint venture for the development of a large-scale
logistics park in the Kingdom.
The agreement was formalized on the sidelines of
the PIF Private Sector
Forum in Riyadh, with the signing conducted by Sabah Barakat,
Acting Group CEO of ROSHN Group, and Tarek Sultan, Chairman of Agility.
Strengthening Saudi logistics infrastructure
Under the proposed joint venture, the partners
plan to develop a logistics park spanning approximately 1 to 1.5 million square
meters on a strategically located site yet to be disclosed. The project is
expected to offer direct access to one of the Kingdom’s primary gateways and
national logistics corridors.
Designed to enhance warehousing capacity,
distribution networks, and multimodal cargo movement, the development will
support domestic industrial expansion while facilitating international trade
flows. The initiative aligns with Saudi Arabia’s broader economic
diversification strategy and ambitions to reinforce its position as a global
logistics hub.
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Tarek Sultan, Chairman of Agility, said the
partnership reflects the company’s long-term commitment to the Saudi market.
“This future partnership with ROSHN Group underscores Agility’s strategy to
scale world-class logistics infrastructure that connects local and
international businesses to global markets from the Kingdom,” he noted,
highlighting Saudi Arabia’s strategic location at the crossroads of major intercontinental
trade routes.
The
agreement marks another step in expanding the Kingdom’s logistics ecosystem,
reinforcing supply chain resilience and trade connectivity.
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