Bahri Logistics with MOSOLF, The two parties will present domestic automotive logistics solutions across Saudi Arabia
Bahri Logistics and the MOSOLF Group, one of the leading system service providers for the automotive industry in Europe, recently announced the signing of a Memorandum of Understanding (MoU) aims to establish and develop an automotive logistics framework initially focused on Saudi Arabia with plans to expand across the Gulf Cooperation Council (GCC).
The mutually beneficial agreement seeks to deploy innovative solutions that will enhance the automobile supply chain network domestically and regionally by harnessing both parties’ industrial expertise and shared resources.
With the support of the Ministry of Investment (MISA) the MoU was signed by Soror Basalom, President, Bahri Logistics, and Gregory Hancke, Vice Chairman, the Executive Board of the MOSOLF Group (COO), during the signing ceremony held at Ministry of Investment (MISA).
Under the terms of the partnership, Bahri Logistics and German automotive supply chain experts MOSOLF will work collaboratively to develop and operate an automotive logistics system in the Kingdom that prioritizes B2B fulfillment and the application of industry-leading logistics practices.
The MoU between both the parties seeks to further fortify the Kingdom’s current automotive logistics supply chain.
“This valuable partnership will help develop the automotive logistics market as we continue to innovate our services and work in step towards the transformative objectives of Vision 2030,” remarked Basalom.
“They will create the best conditions for the innovative and sustainable development of the automotive market in Saudi Arabia and the GCC,” commented Hancke.