FedEx Express has signed a collaboration agreement with the Saudi Export Development Authority to be one of the logistics solutions providers for the authority’s “Made in Saudi” programme.
The programme is a pillar of the Saudi Export Development Authority’s National Industrial Development and Logistics Programme (NIDLP) and aims to enhance the image of the Kingdom’s exports and make national products the preferred choice for consumers locally, regionally, and globally.
The collaboration underpins FedEx commitment to supporting the Kingdom’s non-oil economic growth through international trade, in line with Saudi Arabia’s Vision 2030 goals to diversify the country’s economy, said the US-based firm.
Eng. Abdulrahman Althukair, CEO of the Saudi Export Development Authority, indicated that the Authority is keen, through the “Made in Saudi” program, to enhance effective strategic partnerships with the public and private sectors.
The aim of such public-private partnerships is to support the Authority’s goals to improve the efficiency of exports; help exporters expand and reach new global markets; and contribute to the Kingdom’s Vision 2030 to increase the country’s non-oil exports to 50% of non-oil GDP, he added.
Taarek Hinedi, vice president of FedEx Express Middle East Africa operations, said FedEx is committed to helping Saudi Arabia transform its economy through its Vision 2030.
“Our strategic collaboration with Made in Saudi will provide the country’s national goods and services greater access to efficient logistics solutions and an enhanced service experience,” said Hinedi.
“Our global network, customised solutions, value-added services, and in-depth industry expertise will help manufacturers and exporters expand their business to international markets and connect with a wider customer base. Our goal is to help them grow and transform into powerhouses that drive the growth of the Saudi economy.”
FedEx has been facilitating trade in Saudi Arabia since 1994 by providing its international solutions through local service providers. In 2021, FedEx announced its transition to a direct presence in Saudi Arabia, reinforcing the company’s commitment to meet the country’s growing international shipping demands. Through its extensive Middle East Road Network, FedEx has been connecting Saudi Arabia directly to the UAE, Bahrain, Kuwait, Oman, Qatar, and Jordan.