Kaden, a real estate development and property management company, recently announced a strategic partnership agreement with the German logistics and transportation giant, DB Schenker. The signing ceremony took place at Kaden’s headquarters in Riyadh and was attended by Kaden’s CEO, Engineer Mohammad Al-Othman, and Ako Djaf, Vice President of Contract Logistics and SCM at DB Schenker in the Middle East and Africa. The aim of this partnership is to expand in the Saudi market by providing logistics services and developing custom-designed warehouses to meet the operational needs of DB Schenker. This collaboration follows Kaden’s successful investments in high-standard projects known for offering exceptional service experiences.
Engineer Mohammad Al-Othman expressed his excitement about the partnership, stating that they are pleased to work with DB Schenker in developing dedicated warehouses for the global company. This collaboration comes after Kaden’s success in developing specialized logistics areas with world-class infrastructure that meets the global standards of industry leaders like DB Schenker. Ako Djaf, VP of Contract Logistics and SCM at DB Schenker in the Middle East and Africa, emphasized the importance of the partnership in advancing DB Schenker’s logistics services and supporting the Kingdom’s economic diversification goals outlined in Vision 2030.
This partnership is significant for both companies as it contributes to achieving the targets of Saudi Vision 2030 by enhancing the Kingdom’s position as a prominent logistics hub across three continents. The collaboration is expected to create employment opportunities, contribute to economic development, and attract leading global companies in the logistics field. The state-of-the-art facilities within the logistics complexes developed through this partnership will not only improve service delivery but also support the growth and development of the logistics services sector in Saudi Arabia.
Kaden’s “The Logistics Park” project in Riyadh has set a benchmark in the region with its innovative solutions tailored to meet client needs and enhance operational efficiency. The success of this project and other high-standard developments by Kaden have positioned the company as a leader in the real estate and property management sector. The partnership with DB Schenker further solidifies Kaden’s reputation as a company committed to providing international standards and exceptional integrated service experiences to its clients.
By joining forces with DB Schenker, a global leader in logistics and transportation solutions, Kaden aims to leverage its expertise in real estate development and property management to support DB Schenker’s expansion in the Saudi market. The collaboration is expected to bring significant advancements to DB Schenker’s logistics services and contribute to the growth and development of the logistics sector in the Kingdom. This partnership exemplifies the private sector’s commitment to driving economic growth and job creation in alignment with Saudi Vision 2030 goals.
Overall, the strategic partnership between Kaden and DB Schenker signifies a significant milestone in the development of the logistics services sector in Saudi Arabia. By combining their expertise and resources, both companies are poised to achieve mutual success while contributing to the advancement of the Kingdom’s economic diversification goals. This collaboration is a testament to the potential for innovation and growth in the logistics industry, both locally and globally, and sets a positive example for future partnerships in the region.
