CJ Logistics, a South Korean logistics solution provider, has set out to build a global distribution centre in Saudi Arabia by 2024.
The centre will be the first dedicated e-commerce logistics facility in the country. It will be located in Riyadh’s special integrated logistics zone, which was established by the Saudi Government at King Khalid International Airport to become a global logistics hub.
CEO of CJ Logistics, Kang Sin-ho, said: “The Saudi e-commerce market has the richest growth potential in the Middle East and the geographical advantage of connecting Africa and Europe.
“We will spare no support for state-of-the-art logistics technology and infrastructure so that the GDC can become a logistics hub that leads the Middle East e-commerce market.”
The new e-commerce facility will offer international delivery of iHerb products to the Middle East – one of the largest online retailers of health and wellness products.
The proposed facility is a modern logistics centre with a gross floor area of 18,000 square meters and a daily throughput capacity of 15,000 boxes. It will serve as a forwarding base and hub for logistics in the region, connecting the Middle East, Africa and Europe.
CJ Logistics signed an eight-year long-term contract with iHub before establishing the centre.