New Logistics Facility Opens In Bahrain
Schmidt Heilbronn has inaugurated a new facility, Schmidt Logistics Bahrain, developed in partnership with the investment and business development arm of the country’s National Oil and Gas Authority.
Located in the Bahrain Logistics Zone, it will support the zone’s expanding operations, particularly in the chemical and petrochemical logistics market.
The USD $ 20 million facility will create around 1,000 direct and indirect jobs in the logistics sector.
H.E. Shaikh Mohamed bin Khalifa Al Khalifa, The Minister of Oil and Chairman of the development fund, said, “Our new facility will have a significant positive impact on the regional chemical and petrochemical industries and facilitate quicker and easier transportation of goods around the GCC.”
Thomas Schmidt, CEO and Managing Partner of Schmidt Group, said: “This new development is a reflection of the huge growth we see in the regional logistics industry. It also represents the confidence we have in Bahrain as one of our key strategic operational bases in the Gulf region.”
The Bahrain Logistics Zone, located in the heart of the Persian Gulf, offers services for import/export and re-export activities and close proximity to transportation hubs such as the Khalifa Bin Salman Port and Bahrain International Airport.