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FinancialNews


  • 20-05-20

    1st crossing corridor connecting sea port to airport established in Saudi Arabia

    (MENAFN)On Monday, Saudi Arabia opened the first transport conduit connecting a seaport to an airport in the Country, in a step intended to ease sea cargo transportation via various media and linking it to airports.

    The cross - linked corridor between Jeddah Islamic Port (JIP) and King Abdulaziz International Airport was built by LogiPoint.

    The first test was implemented to a sea shipment that entered a company's deposit and re-export field in Jeddah Islamic Port and was then shipped by air to their ultimate destination in the Netherlands.

    "The bonded corridor facilitates trade for customers by providing a multimodal bonded access to regional target markets combining sea, land and air freight. It also gives Jeddah a significant advantage to compete in the transshipment cargo segment," according to a statement issued by the Logipoint's CEO, Farouk Sheikh.

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