LogiPoint, ALMQR Development Company Sign MoU to Build Logistics Zone

LogiPoint have signed an MoU with ALMQR Development Company to develop the Kingdom's latest Logistics Zone and usher in a new era of pioneering Logistics Real Estate Development in the Kingdom.

Under the patronage of His Royal Highness Prince Faisal bin Salman bin Abdulaziz Al Saud, Governor of Madinah Province, the two organizations signed a strategic partnership to build the first fully integrated Logistics Zone with world class logistics infrastructure in the Madina Province.

Additionally, His Excellency, Fahad Mohammad AlBelahshi , Mayor of Madina Municipality was also present at the MoU signing.

LogiPoint Win Most Innovative Logistics Real Estate Company Award 2022

The Logistics Zone will be built over an area of 1,000,000 Square Meters and will provide a boost to the business growth of the Madina region. The development of such enabling logistics platforms comes in line with the National Strategy for transport and logistics services under the Vision 2030.

Over the past two decades, LogiPoint has established itself as the Kingdom's premier developer and operator of Logistics Zones and Parks and developing the Logistics Zone in Madinah Al Munawarrah will be a part of its expansion strategy in the Kingdom.

Read More: CEO Farooq Shaikh Highlights LogiPoint’s Focus on Innovation