Abu Dhabi – Mubasher: Agility Global plans to expand business at the Agility Logistics Parks (ALP) warehousing complex in Riyadh, according to a bourse disclosure.
Through one of its subsidiaries, the group will implement the project at an investment of SAR 250 million and will add 100,000 square metres of warehousing capacity to the complex, taking the total available warehousing space to 551,368 square metres.
Meanwhile, the first phase of the expansion will be operating in the first quarter (Q1) of 2025.
Earlier this month, Agility unveiled investment plans in early-stage regional businesses through its venture capital (VC) arm Global Ventures.
