Logistics Middle East – August 2019

http://www.logisticsmiddleeast.com LOGISTICS MIDDLE EAST | AUGUST 2019 33

LogiPoint | KSA

THE BENEFITS OF A BONDED AND

RE-EXPORT ZONE

LogiPoint aims to facili-

tate trade and commerce,

to create opportunities,

to support initiatives, and

to bring synergies, all to

lubricate the engines of

economic growth.

LogiPoint Bonded and

Re-Export Zone offers

flexible customised solu-

tions to match the unique

demands of every indus-

try vertical. “We do not

acquire customers for our

services, we strive to tailor

our services to our current

and future customers to

meet their requirements,”

says Farooq Shaikh, CEO,

LogiPoint.

“Traditionally, clients

have enjoyed such facilities

as duty deferment, duty-

free storage in open yards

or LogiPoint warehouses,

and convenient re-export

from the Bonded Zone,”

he adds.

“Clients can import their

goods into the Kingdom

saving on major handling

and freight charges, with

LogiPoint providing value

added services including

re-labelling, bundling,

and re-packaging prior to

custom inspection process

thereby offering a stream-

lined and hassle-free cargo

inspection and customs

clearance.”

LogiPoint also offers dis-

tribution and delivery to all

parts of the Kingdom.

from Europe to Upper Gulf. The average transit time by
sea from major European ports to Other GCC -is between
25 to 30 days with multiple transhipments. Given the high
volumes involved, airfreight is not a cost effective option,
and the journey is not long enough to warrant sea-air as an
alternative’ says Shaikh”
We were able to piece together a multimodal solution that
helped make this landbridge an operational reality. “The aim
was to establish a bonded corridor between the Red Sea ports
in the West and the Arabian Gulf in the East,” says Shaikh.
The transit time by sea from major European ports to
Jeddah is 12-16 days. The trucking time from Jeddah to GCC

• a mere 2-3 days. “We managed to reduce the lead-time by
  almost 10 days and at the same time increasing the carrier
  choice for the client since most carriers offer direct sailing
  from all major ports to Jeddah Islamic Port”. Explains Shaikh.
  By building capacities and enhancing capabilities in this
  way, offering transactional, tactical and strategic benefits to
  its customers, LogiPoint has been able to combine strategi-
  cally located logistics zones and its support services, to lead
  the drive for efficient logistics solutions in the industry.
  “We are at the forefront of investing in technology and we
  remain open to trying out new technologies and systems
  that could help in increasing our utilization, throughput
  and automating our day-to-day activities to optimize our
  resources,” says Shaikh.