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13 Entities Highlight Development of Saudi Logistics Services at Shanghai Expo

The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)
The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)
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13 Entities Highlight Development of Saudi Logistics Services at Shanghai Expo

The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)
The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)

Thirteen Saudi entities working in the transportation and logistics services are highlighting the Kingdom’s infrastructure development in the maritime, land, air and rail sectors at China’s International Transportation and Logistics Expo (CITLE), underway in Shanghai from June 25-27.

Saudi Arabia witnessed rapid progress in the transportation and logistics services sector after it developed a national strategy in 2021 that defines the country’s ambitious path and goals to consolidate its position as a global logistics hub linking the three continents.

Entities participating in the Shanghai exhibition include the Ministry of Transport and Logistics Services, the Ministry of Investment, the National Industrial Development and Logistics Services Program (NIDLP), the General Authority of Civil Aviation, the Transport General Authority, as well as the Zakat, Tax and Customs Authority, and other bodies concerned with transportation and logistics services.

The participation of Saudi government entities aims to shed light on the progress achieved and work to promote cooperation with local and international markets with the aim to develop the sector, take advantage of the Kingdom’s distinctive geographical location, and enact regulations and legislation to create a stimulating and attractive investment environment that will transform Riyadh into a global logistics platform.

The expo is considered Asia’s leading trade fair for logistics, transportation, information technology and supply chain management. It also serves as a business platform for the logistics and transportation industry and features comprehensive programs and a number of conferences.

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Bahrain Inaugurates Bapco Refinery’s Modernization Project

Bahrain’s King Hamad bin Isa Al Khalifa during the inauguration of the Bapco Modernization Project (BMP). Photo: BNA
Bahrain’s King Hamad bin Isa Al Khalifa during the inauguration of the Bapco Modernization Project (BMP). Photo: BNA
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Bahrain Inaugurates Bapco Refinery’s Modernization Project

Bahrain’s King Hamad bin Isa Al Khalifa during the inauguration of the Bapco Modernization Project (BMP). Photo: BNA
Bahrain’s King Hamad bin Isa Al Khalifa during the inauguration of the Bapco Modernization Project (BMP). Photo: BNA

Bahrain’s King Hamad bin Isa Al Khalifa has inaugurated the Bapco Modernization Project (BMP), which stands as the largest strategic undertaking in the Kingdom’s history and a pivotal development in the energy sector. It is expected that production capacity will reach 400,000 barrels per day.

The inauguration took place on Thursday in the presence of Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and on Bahrain’s 53rd National Day celebrations and the Silver Jubilee of the King’s accession.

The King underscored the significance of BMP in fostering national development and sustainability, aligning with Bahrain’s ambition to maximize the value of its natural resources for economic and societal advancement.
"This landmark project reflects our enduring commitment to sustainable growth, utilizing the Kingdom of Bahrain’s natural energy resources to power economic progress and development," he stated.

King Hamad highlighted the BMP’s role in driving the Kingdom’s energy transition strategy, emphasizing the government’s steadfast dedication under the leadership of the Crown Prince and Prime Minister to advancing economic recovery through strategic investments in high-potential sectors.

Group Chief Executive Officer of Bapco Energies Mark Thomas and Dr. Abdulrahman Jawahery, Chief Executive Officer of Bapco Refining, highlighted during a joint press conference held on the sidelines of the inauguration of BMP, that the initiative marks a significant step towards enhancing Bahrain’s production capacity in oil refining.

They noted that the project is expected to substantially support the national economy and increase revenues, representing a strategic step to strengthen Bahrain’s economy by creating new jobs and improving the quality of petroleum products, with a focus on employing Bahrainis in the project.

They also expressed their optimism about the strategic project, which will serve as a foundation for launching new initiatives to enhance Bahrain's position as a leading investment destination. It is expected that production capacity will reach 400,000 barrels per day, representing a 42% increase.

Jawahery highlighted the historical cooperation between Bahrain and Saudi Arabia, commending the partnership between Bapco and Saudi Aramco. "We currently import 220,000 barrels per day of Saudi crude oil, and with the project’s completion, imported quantities will exceed 320,000 barrels per day. This sustainable cooperation spanning more than 70 years serves as a model for Gulf integration," he said.