Manama, Bahrain : Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), has signed a Letter of Intent (LOI) with AJX Logistics Services, a leading provider of express distribution and freight solutions in the Middle East, to lease storage space in the second phase of the Air Cargo Village at BIA. The announcement was made on the sidelines of the Bahrain International Airshow (BIAS), which was held under the patronage of His Majesty King Hamad bin Isa Al Khalifa, King of the country, from 13-15 November at Sakhir Air Base.

The letter of intent was signed by the CEO of Bahrain Airport Company, Mr. Mohammed Yousif Al Binfalah, and Mr. Nasser Al Ateeq, Director of Network Gateway Development and Operations at AJX.

On this occasion, the CEO of Bahrain Airport Company, Mr. Mohammed Yousif Al Binfalah, welcomed the interest of AJX in renting a space in the Air Cargo Express Village, noting that the presence of AJX represents a qualitative addition to the growing logistics services system, which enhances Bahrain’s position as a regional hub in the fields of air cargo and e-commerce .

For his part, Mr. Mohammed Al Bayati, CEO of AJX Logistics Services Group, expressed the company’s aspiration to explore opportunities for cooperation with Bahrain Airport Company and learn about the storage solutions it provides at the Air Cargo Village. He pointed out that this new facility will support the company’s efforts to serve its customers faster and more efficiently, thus strengthening its position as a major provider of logistics services in Bahrain. He added that this step reflects the company’s commitment to supporting the growing trade movement in the region and meeting the increasing demand for innovative and reliable logistics solutions.

Mr. Ali Al-Mudaifi, Chief Business Development Officer at the Economic Development Board, added: “We welcome AGEX’s interest in the Express Cargo Village, which underscores the growing confidence investors have in Bahrain as a regional logistics hub. This achievement highlights our commitment to strengthening the air cargo sector in line with the Kingdom’s strategic objectives, and is a testament to Bahrain’s strategic location and strong infrastructure. The presence of industry leaders such as AGEX will enhance our capabilities in the Kingdom, and highlight Bahrain as a key destination for logistics and e-commerce in the region.”

AJX’s interest reflects the strategic advantages of the Air Cargo Express Village, located north of the Bahrain International Airport runway. It is an essential part of Bahrain’s logistics sector strategy and Bahrain’s Economic Vision 2030, contributing to the advancement of the Kingdom’s logistics industry, enhancing its regional competitiveness, and attracting more investments .

About Bahrain Airport Company

Bahrain Airport Company (BAC) is responsible for the management and operation of Bahrain International Airport (BIA), Bahrain’s gateway to the world. By developing the airport’s infrastructure, facilities and commercial offerings, BAC has transformed BIA into one of the most modern and leading airports in the Gulf region. The company’s overarching goal is to ensure that the airport achieves the highest levels of performance excellence while celebrating the unique features of Bahrain’s identity and the Kingdom’s distinctive character, while simultaneously enhancing Bahrain’s position as a regional leader in the financial, cultural and air transport sectors through a focus on innovation, efficiency and the Kingdom’s cultural heritage. Since taking over the management and operation of the airport in 2010, BAC has contributed to establishing BIA’s reputation as a magnet for passengers and major airlines alike.

-I finish-

#Corporate Data

© Opinion 2023