SAMEL selects Bahrain Logistics Zone as operations base
08 February 2012
Partnership endorses Bahrain as the preferred transhipment hub in the region
SAMEL, a joint venture between Schmidt Heilbronn and Agility Logistics, has announced that the Company has selected Bahrain as its base for logistics operations in the Gulf region. A Memorandum of Understanding (MoU) was signed by SAMEL and Bahrain Logistic Zone (BLZ).
SAMEL and BLZ will work together to set up an economical and efficient solution to store, handle and distribute different bulk materials like polyethylene, polypropylene, catalysts and additives for the chemical and petrochemical industry. The layout, concept, and the feasibility study will be prepared by SAMEL according to terms agreed in the Memorandum.
ThE strategic partnership allows SAMEL and the BLZ to establish highly specialised logistics in the region, with Bahrain playing an important role as a distribution hub for the GCC. Ultimately, this will lead to an increase in the number of companies with specialised expertise and operational skills, especially in the bulk market, establishing operations in Bahrain, which will help support Bahrain's economy in the future.
The partnership represents a key milestone for the BLZ, and will help support Bahrain's logistics offering and its position as a regional transhipment hub.
News Source : SAMEL selects Bahrain Logistics Zone as operations base
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