Asmo launches long-term logistics infrastructure project at Spark

Asmo breaks ground on its first purpose-built logistics hub

Asmo — the Aramco-DHL JV — broke ground on its first purpose-built logistics hub at King Salman Energy Park in partnership with Bahraini alternative investment firm Arcapita. The 1.4 mn sqm facility will serve Aramco, its affiliates, and other energy and industrial customers, with plans for a temperature-controlled grade warehouse, chemical storage, offices, staff facilities, and a large open yard for industrial handling. Acrapita will fund and own the asset, while Asmo will lead development and operation under a 22-year lease.