Globe Express bolsters Kuwait services
Kuwait, May 14, 2013
Globe Express Services, one of the world’s top 100 global logistics providers, has announced that it has intensified its regional growth plans by providing a full array of innovative supply chain solutions in Kuwait.
The company is consolidating its presence in Kuwait to take advantage of the government’s aggressive investments in large-scale logistics and transport infrastructure projects, including the first phase of the $1.2 billion Mubarak Al Kabir Port development that is scheduled for completion in the second quarter of 2014.
Kuwait is also implementing various other projects including increasing the capacity of the country’s airport from seven million passengers currently to over 20 million through the construction of the new passengers’ building.
Likewise, the volume of air freight in Kuwait International Airport will be increased from 600,000 tons to 6 million tonnes per year. According to industry reports, in 2013 air freight tonnage in Kuwait International Airport is expected to grow by 1.8 per cent and is forecast to average growth of 1.4 per cent annually until 2017. Also, this year the total trade real growth is forecast at 3.0 per cent and to average 4.0 per cent till 2017.
Globe Express Services (GES) has been offering integrated supply chain solutions in Kuwait including ocean freight services, land freight services, customs clearance and Air Freight services, while providing local clients access to the GES global network.
Mustapha Kawam, managing director-Gulf States of GES, said: “Kuwait is fast emerging as a lucrative logistics hub as a result of the government’s aggressive investments in various integrated transport and logistics infrastructure projects.”
“Globe Express Services is therefore stepping up its growth plans in Kuwait, which remains a vital component in our long-term strategy to strengthen the company’s status as one of the best 100 logistics providers worldwide.
“We are strongly focused on delivering innovative supply chain solutions that empower local and regional businesses to capitalize on Kuwait’s modern transport and logistics facilities and ultimately strengthen their presence in the regional and global markets,” he added. – TradeArabia News Service