The Saudi Electronic Info Exchange Company (TABADUL) and the Saudi Railway Company (SAR) have signed a MoU, to boost logistics sector and cement the Kingdom’s position as a global logistics hub.
The MoU intends to drive the logistics sector’s digital transformation in line with Saudi Vision 2030’s goals, the companies stated.
TABADUL CEO Mr. Majed Al-Otaibi and SAR CEO Dr. Bashar Al Malik attended the agreement-signing ceremony, alongside several senior officials from both companies.
The agreement was signed by Mr. Hesham Alnasser, TABADUL’s Chief of Sales and Marketing Officer, and Mr. Bassam Fathi, SAR’s Commercial Director for the Freight Business Unit.
As per the MoU, the two entities will form a joint work team to explore closer collaboration and investment opportunities in the field of container handling and logistics services.
Tabadul and SAR will collaborate to provide innovative solutions and support reducing carbon emissions and environmental damage by decreasing the number of transport trucks on roads while raising awareness on transport solutions and logistical support services.
Other areas of collaboration include providing safe and reliable transport solutions, in addition to developing strategies for new work standards between the two parties.
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Commenting on this milestone, TABADUL CEO Mr. Majed Al Otaibi said: "We are delighted to cooperate with our strategic partner SAR, Which is considered the main company specialized in railway transportation in the region.
"The signing of the MoU will strengthen national partnerships created to achieve the Kingdom's economic goals. Together, we will focus on leveraging SAR’s operational capabilities in the logistics sector by providing innovative solutions that will contribute to reducing time and effort.
"This will contribute to achieving the National Transport and Logistics Strategy which calls for effectively reducing the level of air pollution by cutting gas emissions from vehicles and improving the quality of services in line with Saudi Vision 2030 and the Saudi Green Initiative.”
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