Saudi-listed SAL Logistics launches $1bln logistics zone in Riyadh

Riyadh, March 19, 2025 SAL Logistics and Silla signed an agreement in Riyadh to launch the SAL Logistics Zone, spanning an area of more than 1.5 million square meters within the Falcon City project north of Riyadh. This agreement is part of their joint efforts to strengthen their strategic partnership, support the logistics sector, and enhance the Kingdom's position as a global logistics center, in line with the goals of Saudi Vision 2030 and th…

$1bn investment to advance Saudi Arabia's logistics ambitions

Hub near King Khalid airport Customised warehouses More than 1.5m sq m Saudi-listed Sal Logistics Services and master developer Sela have agreed to develop a logistics zone north of Riyadh. SAL Logistics Zone in Falcon City will cover more than 1.5 million square metres and will be developed at a cost of SAR4 billion ($1 billion), the companies said in a joint statement on Tuesday. The logistics hub is designed to meet the rising demand for cust…

Saudi-listed SAL Logistics launches $1bln logistics zone in Riyadh

The project will be located in Falcon City

Clarification Item Introduction Saudi Logistics Company announces...