The Bonded Express Facility will be located within the LogiPoint Bonded and Re-Export Zone at Jeddah Islamic Port.
Once completed the facility will handle inbound and outbound express shipments by sea, air and land transportation.
Farooq Shaikh, ceo of LogiPoint, said, “Signing of a long-term agreement with NAQEL Express to establish the very first bonded facility dedicated to e-commerce operations is testimony to the trust and confidence our customers pose in us for not only providing them with world-class logistics facilities, but also the eco-system that facilitates their service offerings.”
Mohammed Al Bayati, ceo NAQEL Express, commented: “With this expansion, NAQEL Express will further strengthen its service offering to e-retailers, on-line platforms and exporting companies around the world aiming to penetrate their target markets in Saudi Arabia and rest of the Middle East.”
The agreement was signed in the presence of Captain Abdullah Al Zamee, the director general of Jeddah Islamic Port, Mohammed Abdullah, the director general Jeddah Islamic Seaport Customs.