JD.com is on its third Gulf agreement in about 14 months. Kezad Group has signed an agreement with Jingdong Property, JD.com’s infrastructure arm, to develop a 150k sqm logistics facility at Kezad Al Ma’mourah in Abu Dhabi, due for delivery in 2028, state news agency Wam reports. The site will offer warehousing and logistics services to local and international companies.
Kezad joins an airport JV in Abu Dhabi and a delivery business in Saudi. Jingdong Property formed a JV with Abu Dhabi Airports last year to develop more than 70k sqm of bonded and non-bonded warehouses at Abu Dhabi Airports Freezone Logistics Park. JD Logistics also launched its own B2C delivery service in Saudi Arabia — JoyExpress — and plans to build warehouses, transfer and sorting centers, and delivery stations across the Kingdom.