Agility Global would like to announce that it’s fully owned subsidiary, Agility Logistics Parks (ALP) has signed a  strategic partnership with Riyadh Development Company (ARDCO), a leading Saudi property development and management company, to build a state-of-the-art warehousing in Riyadh. ALP’s contribution to this partnership is 60%.

The total project value is SAR 227m and involves construction of 58,000 SQM of Grade A warehousing on a 97,904 SQM parcel of land in Riyadh.

The project construction duration is 2 years and will commence in the first half of 2025.