BAC inks deal with FedEx Express

The Minister of Transportation and Telecommunications and Bahrain Airport Company (BAC) Chairman Kamal Ahmed, BAC Chief Executive Officer Mohamed Yousif Al Binfalah, and President of the FedEx Express Middle East, Indian Subcontinent and Africa (MEISA) region James R Muhs, signed a Letter of Intent concerning warehouse space at Bahrain International Airport’s (BIA) new Cargo Area on the northern runway.

The expansion of BIA’s cargo facilities is in line with the objectives of the Higher Coordinating Committee, chaired by His Royal Highness the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister Prince Salman bin Hamad Al Khalifa, to further develop the Kingdom’s logistics field. The signing ceremony was attended by a number of other senior officials from Customs from the Ministry of Interior, BAC, EDB and FedEx Express. Also in attendance were FedEx Express Vice President of Middle East and Northern Africa Ground Operations, Taarek Hinedi, and Managing Director for Middle East Operations, Saleh Mansour. The minister said: “BAC has a comprehensive plan to attract prominent cargo companies to the Kingdom, which will strengthen Bahrain’s strategic position as a leading provider of efficient logistics services in the region. We are currently negotiating with two other companies wishing to operate warehouses at the new Cargo Area, which further demonstrates the Kingdom’s strong reputation as a regional hub for logistical services in the GCC and wider Middle East.”

He added: “The new Air Cargo Area that BAC is constructing north of the runway is an important part of the overall growth strategy adopted by the Ministry of Transportation and Telecommunications, and a key component in the Airport Modernisation Program (AMP), which is due to be completed by Q3 2019. “It also reflects the important steps that the company is taking to enhance the airport’s infrastructure and increase its ability to accommodate rising local and regional demand. The new Cargo Area will create more job opportunities and enable the airport to handle larger volumes. This is in line with government-led initiatives aimed at expanding the Kingdom’s logistics sector, which began in 2015 via the Bahrain Logistics Board chaired by His Royal Highness the Crown Prince, Deputy Supreme Commander, and First Deputy Prime Minister, Prince Salman bin Hamad Al Khalifa.”