Construction

$3 million truck and equipment order for GES in Dammam

By Stephen White

Posted on October 22, 2012

Logistics company GES (Global Express Services) says that it spent $3 million on equipment for its new facility in Dammam. GES said that its recently opened Dammam Terminal Yard cost $2 million to construct with an extra $3 million splashed on trucks and material handling equipment. The company added that key development projects such as […]

The port of Dammam is the eastern route into KSA from the Gulf

Logistics company GES (Global Express Services) says that it spent $3 million on equipment for its new facility in Dammam.

GES said that its recently opened Dammam Terminal Yard cost $2 million to construct with an extra $3 million splashed on trucks and material handling equipment. The company added that key development projects such as the King Abdullah Economic City are driving the long-term expansion plans of GES (Overseas Group) in KSA.

King Abdullah Economic City will serve as the future hub for at least 2,700 manufacturing companies, while it will also include a 13.8 square kilometer port that will emerge as one of the world’s top five largest industrial ports.

“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,” said Ziad Korban, CEO of Globe Express (Overseas Group). “Moreover, the government has been actively cultivating the growth of the logistics sector by introducing new polices, incentives, regulations and infrastructure, creating excellent opportunities for Globe Express Services (Overseas Group) to grow and expand in the country.

“The completion of the Dammam Terminal Yard reinforces our commitment to support the growth initiatives of the KSA Government, particularly in strengthening the Kingdom’s reputation as a strategically important logistics hub in the region. With our facilities in Dammam, Jeddah and Riyadh, we are capitalizing on our strategic locations on the eastern and western fronts and the central region of KSA to provide comprehensive logistics support to our regional and international clientele.”