Manama: Bahrain Logistics Zone, which is regulated and managed by the Ports and Maritime Affairs at the Ministry of Transportation and Telecommunications, signed a contract with Al Daaysi Holding to rent land of more than 8,400 square meters in the Bahrain Logistics Zone.
The land will be used to build and operate an integrated logistics centre that will specialise in logistics operations for fast-moving goods (FMCG), like refrigerated and frozen goods, and other related services.
The contract was signed by Bader Al Mahmood, Undersecretary of Ports and Maritime Affairs in the Ministry of Transportation and Telecommunications, and Isa Al Daaysi, CEO of Al Daaysi Holding.
The undersecretary expressed his happiness to cooperate with Al Daaysi Holding, which is one of the leading Bahraini family companies supporting food security in the Kingdom.
He said that the ministry is looking forward to this partnership and what it will achieve in providing logistical solutions that meet the needs of local and global co
mmercial companies and how it’ll contribute to providing more qualitative opportunities for citizens and support the position of Bahrain as an important logistics centre in the region.
For his part, Al Daaysi said that Al Daaysi Holding believes in the importance of the logistics sector in driving economic growth in Bahrain, as this partnership constitutes a qualitative strategic step towards strengthening the company’s capabilities in this field.
He said this partnership will contribute to increasing re-exports from Bahrain to countries in Africa and the Middle East and raise the strategic stock of food security for the Kingdom, in a way that supports local consumption.
Source: Bahrain News Agency