Globe Express Services (Overseas Group), one of the world’s top 100 global logistics providers, has announced its Saudi expasion with the opening of a $2 million terminal yard in Dammam.

The 23,000 sq m terminal yard includes an open storage area, warehouses, and office buildings that will house the Dammam branch management and the transportation division, said a statement from the specialist in out-of-gauge services, which is a core offering of the company’s project logistics and management portfolio.

While GES (Overseas Group) has had an office in Dammam since 1995, the new terminal yard, which is strategically located at the Dammam Sea Port Zone on the Arabian Gulf, complements the company’s existing facilities in Jeddah on the Red Sea and in Riyadh serving the Saudi's central region, enabling the company to offer smooth handling for all import and export of sea freight shipments in the Kingdom

The key development projects such as the King Abdullah Economic City are driving the long-term expansion plans of GES (Overseas Group) in Saudi.

The group has already invested naerly $3 million to boost the company’s fleet of trucks and trailers and to acquire new handling equipment. Over the past four years, GES (Overseas Group) has also expanded its staff strength from 75 to 205 to support the company’s ongoing expansion drive in the Kingdom.

Ziad Korban, the CEO of Globe Express (Overseas Group), said, "Aggressive investments in large-scale projects are being undertaken by the government to diversify its economy, a trend that has helped establish the Saudi market as a very important area for exports and imports."

"Moreover, the government has been actively cultivating the growth of the logistics sector by introducing new polices, incentives, regulations and infrastructure, creating excellent opportunities for Globe Express Services (Overseas Group) to grow and expand in the country."

The completion of the Dammam Terminal Yard reinforces our commitment to support the growth initiatives of  Saudi government, particularly in strengthening the Kingdom’s reputation as a strategically important logistics hub in the region," Korban stated.

"With our facilities in Dammam, Jeddah and Riyadh, we are capitalizing on our strategic locations on the eastern and western fronts and the Saudi central region to provide comprehensive logistics support to our regional and international clientele," he added.-TradeArabia News Service