Agility Logistics Parks, arm of ADX-listed Kuwaiti logistics giant Agility, inaugurated a SAR 611 mn logistics park in Jeddah, according to a press release. The facility includes six major class A warehouses — equipped to meet the technical needs for both dry and temperature-controlled storage solutions — and will serve as a storage and distribution hub for several sectors, including retail, consumer goods, automobiles, energy, and e-commerce.
Finally here: The project — announced back in 2022 — was scheduled to begin construction of its warehousing complex on a 576.7k sqm parcel south of Jeddah in 1Q 2023, to be delivered back in 1Q 2025. Agility has the right to operate the park for 25 years under the agreement with Saudi Arabia’s State Properties General Administration (SPGA).
Agility’s got lots of hands in the Kingdom: The firm kicked off plans for the SAR 250 mn (c. USD 66.5 mn) expansion project at the Agility Logistics Park in Riyadh late last year. The expansion adds 100k sqm of class A warehousing to the project, expanding its entire size to a little over 551k sqm.
That’s not all: Riyadh Development Company (Ardco) inked a SAR 227 mn strategic partnership with Agility Logistics Parks to develop a 97.9k sqm logistics park in Riyadh’s Al Remal District last December. Operations are set to kick off in 2H 2026.
Looking ahead, the company is exploring new logistics investments in Saudi Arabia after fully leasing its Jeddah warehouse park, which was pre-leased before completion, Chairman Tarek Sultan told Al Arabiya. The company is developing a nationwide logistics network across Riyadh, Dammam, and Jeddah, with seven new projects underway.