M. Ghazanfar Ali Khan
RIYADH, 18 October 2006 — The Kingdom’s leading logistics solution provider, SNAS/DHL, will acquire a new aircraft that will operate on the Jeddah-Riyadh-Manama route. DHL has also finalized a plan to invest $35 million in Saudi Arabia to create new facilities.
“The company is also working to replace its old fleet of 200 vehicles with new ones in Saudi Arabia,” said David A. Wilson, DHL’s country manager. “We are going to double our heavy weight capacity, which will eventually result in doubling our customer base.”
DHL, which has the world’s largest express and logistics network, is seeking larger presence in the region.
Asked about the details of the new expansion plan, Wilson said that the $35 million earmarked for boosting DHL’s business presence will have a three-year staggered investment schedule under which new facilities will be created in this region.