October 2024 – Unipart has announced it has signed a Memorandum of Understanding (MoU) to forge a strategic partnership with LogiPoint, Saudi Arabia’s premier logistics infrastructure development company. This follows Unipart’s recent expansion into Saudi Arabia in 2024, its 21st global market.
This collaboration aims to design, develop, and deliver next-generation logistics facilities and solutions to clients to local and international clients in Saudi Arabia, bringing transformational supply chain opportunities that go beyond traditional logistics.
The partnership leverages the complementary strengths of both companies:
- Unipart will bring its international expertise, network and cutting-edge supply chain solutions to Saudi Arabia.
- LogiPoint will offer its Grade A, ESG-compliant infrastructure solutions to the clients, attracting investments and operations to the Kingdom.
Ian Truesdale, Unipart Logistics Managing Director, said: “We are thrilled to partner with LogiPoint to expand our presence in Saudi Arabia. This strategic alliance allows us to bring our proven methodologies and advanced logistics solutions to a rapidly growing market. Together, we will support the Kingdom’s Vision 2030 by enhancing logistics capabilities and fostering economic diversification. Our combined expertise will deliver state-of-the-art solutions that not only optimise supply chains but also make them more adaptable and robust in the face of global challenges.”
Farooq Shaikh, CEO of LogiPoint, commented on the partnership: “This collaboration with Unipart marks a significant milestone in our mission to elevate Saudi Arabia’s logistics landscape. By combining our local expertise and state-of-the-art facilities with Unipart’s global experience and innovative approach, we are poised to offer unparalleled supply chain solutions that will drive growth and efficiency for businesses in the Kingdom.”
This partnership between LogiPoint and Unipart is firmly aligned with Saudi Arabia’s Vision 2030 goal to transform the Kingdom into a leading global logistics hub. By combining their expertise and resources, both companies are committed to enhancing the Kingdom’s logistics capabilities, attracting international investments, and contributing to the diversification and growth of Saudi Arabia’s economy.