J&T Express, an Indonesian logistics company, on Wednesday announced that it will set up its MENA regional headquarters in Riyadh, Saudi Arabia.
The company said at the LEAP technology summit, that it plans to build the largest smart logistics industrial park in the region together with eWTP Arabia Capital and other partners.
Jet Lee, founder and chairman of the J&T Group, said the industrial park will meet the growing logistics demands in the region, serve J&T’s consumers and partners and enhance delivery service experiences.
With the signing of the project, J&T Express said it is committed to cultivate talents, invest in advanced technology and equipment and build the largest smart logistics industrial park in the MENA over the next 10 years.
The logistics park will include “world-class sorting centers, auto warehousing systems, air cargo terminals, e-commerce industrial parks and modern industrial parks”, a statement said.
It aims to contribute to the goal of making Saudi Arabia a pivotal gateway that bridges Asia, Europe, and Africa and helping the kingdom achieve Vision 2030.
eWTP Arabia Capital’s managing partner Jerry Li said: “It’s a great pleasure for eWTP Arabia to participate in this project as a partner to further support J&T Express’ operations in the MENA region and fuel its global network development… We are confident to support more tech-driven innovative companies, supply chains and brands in China, who are looking to win over the global market.”
In January, J&T Express launched its business in both the Saudi Arabia and the UAE markets.
Since its establishment in 2015, J&T Express has rapidly built its delivery network in 10 countries across the pan-Asia Pacific including China, Indonesia, Vietnam, Malaysia, Thailand, the Philippines, Cambodia, Singapore, the UAE and Saudi Arabia and currently serves over two billion people.
Follow us on
