RIYADH: 海角直播n Military Industries (SAMI) and Bahri, the Kingdom鈥檚 national shipping carrier, have agreed a deal for wide-ranging logistics services, including sea, air, and land transport, as well as freight services for the various business units and affiliated companies of SAMI.
The contract includes the provision of complete door-to-door logistics and transportation services for SAMI, supporting the localization of defense logistics.
Launched in May 2017 and wholly owned by the Public Investment Fund, SAMI is a military-industries company working in the fields of aeronautics, land systems, weapons and missiles, defense electronics, and emerging technologies.
鈥淭he shared objectives of SAMI and Bahri in relation to Vision 2030 will have a major impact on the synergies within the Kingdom鈥檚 defense ecosystem,鈥澛爏aid聽Walid Abukhaled, CEO of SAMI.
鈥淭his agreement [is] in line with the Vision 2030 objectives that aim to transform the Kingdom into a global logistics hub and a thriving investment destination,鈥澛燗bdullah Aldubaikhi, CEO of Bahri.
Under the agreement, SAMI鈥檚 five business divisions, as well as its affiliates will make use of Bahri鈥檚 logistics services.
The agreement presently covers the Saudi market, but the two companies are working to expand its scope.聽
