FedEx Express and Saudi Export Development Authority sign an MOU

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The deal provides Saudi exporters with greater access to the world markets

FedEx Express recently signed a collaboration agreement with the Saudi Export Development Authority, represented by the ‘Made in Saudi’ programme, to be one of the logistics solutions providers for the authority’s customers. 

The ‘Made in Saudi’ programme is one of the National Industrial Development and Logistics (NIDLP) programs led by the Saudi Export Development Authority. The program aims to enhance the image of the Kingdom’s exports and make national products the preferred choice for consumers locally, regionally, and globally.

The collaboration underpins FedEx commitment to supporting the Kingdom’s non-oil economic growth through international trade, in line with Saudi Arabia’s Vision 2030 goals to diversify the country’s economy, a press communique indicated.

Strategic partnerships

Eng. Abdulrahman Althukair, CEO, the Saudi Export Development Authority, indicated that the Authority is keen, through the ‘Made in Saudi’ programme, to enhance effective strategic partnerships with the public and private sectors.

“The aim of such public-private partnerships is to support the Authority’s goals to improve the efficiency of exports; help exporters expand and reach new global markets; and contribute to the Kingdom’s Vision 2030 to increase the country’s non-oil exports to 50% of non-oil GDP.,” he asserted.

Efficient logistics solutions

“FedEx is committed to helping Saudi Arabia transform its economy through its Vision 2030. Our strategic collaboration with Made in Saudi will provide the country’s national goods and services greater access to efficient logistics solutions and an enhanced service experience,” affirmed Taarek Hinedi, Vice President, FedEx Express—Middle East Africa Operations.

“Our global network, customized solutions, value-added services, and in-depth industry expertise will help manufacturers and exporters expand their business to international markets and connect with a wider customer base. Our goal is to help them grow and transform into powerhouses that drive the growth of the Saudi economy,” he added.

FedEx serves 66 countries across the Middle East, Indian Subcontinent and Africa (MEISA) region, connecting 45% of the world’s population, a press communique concluded.

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