FedEx Express, a subsidiary of FedEx Corp, has signed a collaboration agreement with the Saudi Export Development Authority (Saudi Exports), represented by the “Made in Saudi” program, to be one of the logistics solutions providers for the authority’s customers.
According to the statement, the alliance will provide competitive cross-border logistics services for small and medium enterprises (SMEs) and assist Saudi businesses in quickly entering international markets.
The “Made in Saudi” program 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 Authority is keen, through the “Made in Saudi” program, 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 percent of non-oil GDP.”
The collaboration underpins FedEx’s 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.
Mr. Taarek Hinedi, vice president of FedEx Express Middle East Africa operations, said that, “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.”
“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,” Mr. Hinedi added.