Hong Kong’s Kerry Logistics enters Bahrain
Hong Kong-based Kerry Logistics Network, one of Asia’s largest third-party logistics provider, has launched operations in the Kingdom, announced Bahrain Economic Development Board (EDB). The move forms part of the company’s regional footprint expansion plans to enhance access to key markets such as the Saudi market and the wider $1.5 trillion GCC markets.
Kerry manages 60 million square feet of logistics facilities over 53 countries and territories. Raymond Cheng, Director – Middle East & Africa at Kerry Logistics said: “Bahrain’s access to the region is unrivalled, as is the support we received from the EDB.” He added: “There is enormous potential to grow and scale our services across Saudi Arabia, the GCC and beyond.
The Kingdom has acted as a commercial bridge between the East and the West for thousands of years. In today’s increasingly digital and hyper-connected world, it is the ideal regional logistics hub.” Hussain Rajab, Co-Chief Investment Officer – Manufacturing, Transport and Logistics at EDB said: “The rapid access to key decision-makers enjoyed by businesses, large or small, when looking to set up in Bahrain is unparalleled.
We call it our ‘Team Bahrain’ approach and it embodies the access and connectivity that sets Bahrain apart.” With continuous improvements to its air, sea and road networks, Bahrain has positioned itself as the region’s de facto logistics hub, where several global logistics leaders, including DHL, have based their regional operations.
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