The Saudi Electricity Company (SEC) has signed a memorandum of understanding (MoU) with Bahri, the National Shipping Company of Saudi Arabia and a global leader in logistics and transportation, in order to improve cooperation across their supply chain operations.
This agreement comes as part of SEC and Bahri’s ongoing strategic efforts to enhance the existing services and widen the scope of the logistics offerings in line with their mutual ambitions and interests.
The signing took place on the sidelines of the Supply Chain Conference which is being held in Riyadh, as per the statement.
Commenting on the occasion, Eng. Khalid Salem Al-Ghamdi, Executive Vice President of Technical Services of SEC, said that the agreement will enhance bilateral cooperation throughout their supply chain operations.
Eng. Al Ghamdi noted that it will also pave the way for greater supply chain sustainability and allow for the provision of innovative logistics services. The move will also further enable local content and enhance national industry capabilities while also setting the stage for promising investment opportunities and the exchange of knowledge and expertise.
For his part, Eng. Soror Basalom, President of Bahri Logistics, stated that “the agreement reaffirmed Bahri’s commitment to supporting SEC in their efforts to better serve their growing customer base through their industry-leading logistics and warehouse management services.”
“Bahri also looks forward to future joint collaborations that will help further their strategic investment and business development objectives,” Eng. Basalom added.