Warehouse complex goes live in Jeddah

Second Warehouse Village already almost entirely booked up.
The speedy take-up of warehousing facilities at Jeddah Islamic Port is an encouraging pointer towards the growth of the sector in Saudi Arabia.
The speedy take-up of warehousing facilities at Jeddah Islamic Port is an encouraging pointer towards the growth of the sector in Saudi Arabia.

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Growing demand at Jeddah Islamic Port (JIP) has resulted in the completion of another 32 new warehouses, which have just become operational in the facility’s First Free Zone. Together, these buildings - 30 of which have been pre-booked – provide total storage capacity of 16,000 square metres.

“These warehouses have been built in Second Warehouse Village of the Free Trade Zone at a cost of 26 million Saudi riyals [US$6.9 million],” said Mohammed S Al-Zuabi, sales and marketing director of Saudi Trade and Export Development Company (TUSDEER), who was speaking to the Arab News daily.

“The new warehouses have been built following a growing demand for them at the port,” Al-Zuabi added.
 
TUSDEER, one of Specialised Industrial Services Company Limited (SISCO)’s shareholding companies, owns and operates the First Free Zone at the JIP. The company had already successfully leased out all 34 locations in its First Warehouse Village.

Each warehouse has a 502 square-metre area and is available to TUSDEER’s portfolio of local and international customers, including freight forwarders and logistics companies.

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