Kuwaiti supply chain services and infrastructure company Agility is set to build a large logistics park for storage and distribution near Jeddah, as part of a land-concession agreement announced by Saudi Arabia’s State Properties General Administration (SPGA).
The project at Jeddah- Al Mahjar will see the construction of a modern warehousing complex on a 576,760 square metres parcel south of Jeddah, starting in the first quarter of 2023.
The opening of the Agility Logistics Park – Jeddah is anticipated in Q1 2025.
Agility will invest SAR611m ($163m) to build the park and have the right to operate it for 25 years.