JV starts operations in the Kingdom
Al Khaldi and Bertling Logistics have formed a joint venture called Al Khaldi-Bertling Logistics. While Bertling’s focus is on global project logistics and transport engineering solutions, Al Khaldi primarily specialises in local logistics and trucking services and transport vehicle supply.
The new company will start business on 1 February 2021 and will be headquartered in the newly constructed Al Khaldi business tower in Al Khobar, Saudi Arabia. The new Al Khobar office will be headed by recently appointed operations director Adel El Said, who has 20 years of experience of the logistics market in the region, especially on the energy sector in Saudi Arabia.
The main purpose of Al Khaldi-Bertling Logistics will be to jointly explore new and existing business opportunities in KSA in both the oil & gas, the broader developing energy industries, but also in the non-oil sector; the latter segment expanded for the fourth month in a row in December 2020, as per official sources. (sh)