Globe Express opens 23,000-square-metre terminal yard in Dammam
GLOBE Express Services (Overseas Group), a top 100 global logistics provider, has opened a new US$2 million terminal yard in Dammam, Saudi Arabia (KSA).
The 23,000-square-metre facility includes an open storage area, warehouses and office buildings that will house the Dammam branch management and the transportation division. The company spent $3 million to increase its fleet of trucks and trailers and to acquire new handling equipment.
While GES (OG) has had an office in Dammam since 1995, the new terminal yard located at the Dammam Sea Port Zone on the Arabian Gulf complements the company's existing facilities in Jeddah on the Red Sea and in Riyadh serving KSA's central region.
Over the past four years, GES (OG) has also expanded its staff strength from 75 to 205 to support the company's on-going expansion drive in the kingdom.
Key development projects such as the King Abdullah Economic City are driving the long-term expansion plans of GES (OG) in KSA. King Abdullah Economic City will serve as the future hub for 2,700 manufacturing companies and will also include a 13.8 square kilometre port.
Said GES (OG) chief executive Ziad Korban: "Aggressive investments in large-scale projects are being undertaken by the KSA Government to diversify its economy, a trend that has helped establish the Saudi market as a very important area for exports and imports. Moreover, the government has been actively cultivating the growth of the logistics sector by introducing new polices, incentives, regulations and infrastructure."
The company has also completed a development project, consisting of an industrial warehouse and accompanying office in Dubai's Jebel Ali Free Zone. The Jebel Ali warehouse offers warehousing and packing services as well as specialty handling and lifecycle management services.
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