Mena Energy unit starts operations in Bahrain
Manama, May 21, 2014
The new BituMena facility of Mena Energy DMC, a major regional energy product related company, has started operations at the Bahrain Logistics Zone (BLZ). The BLZ is the kingdom's only dedicated customs-bonded, value-added logistics park.
Transportation Minister and Economic Development Board (EDB) acting chief executive Kamal Ahmed attended the inauguration, which marks an important step for the BLZ.
Ahmed reiterated the importance of the project and its positive contribution to increasing exports, creating jobs, and in strengthening Bahrain's position as a logistics hub, reported the Gulf Daily News, our sister publication.
He also highlighted the benefits of the Bahrain Logistics Zone to companies seeking an ideal logistics hub from which they can target the Saudi Arabian and Northern Gulf markets.
Falling under the administrative jurisdiction of Ports and Maritime Affairs at the Transportation Ministry, the BLZ aims at supporting and monitoring the operations process with an overall goal of establishing a benchmark for high-quality logistical operations.
"We are pleased to have selected Bahrain as our regional logistics and distribution hub, and look forward to expanding our business here in Bahrain with similar world class projects," Mena Energy chief executive Rashid Al Ghurair said.
"The BLZ's strategic location and the easy access to prime transportation links it affords us made it the ideal choice for us to base our expansionary operations from."
He said the company's $20 million facility in BLZ was the first of its kind in the Middle East, with only two other similar bagging facilities worldwide.
"We are also very proud of having our first export shipment sent from our facility via Khalifa Bin Salman Port and hope that we can reach our capacity of exporting about 700 containers per month or about 8,400 containers per year very soon," said the top executive.
The new facility will offer a complete logistics solution that facilitates a more economical and efficient delivery of products in an easier process for both the suppliers and end users.
The technologically advanced system will also allow for the bags to be transported on a much larger scale, with easy handling and at competitive rates to any location worldwide.
The BLZ is the first designated customs-bonded value added logistics park in Bahrain.
Strategically located within the Salman industrial City adjacent to Khalifa Bin Salman Port, the BLZ was designed to complement the port and offer an all-encompassing scope for the operation of modern logistics and value-added services for its carefully selected tenants.-TradeArabia News Service