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Tamer Group + Saja to launch logistics park in Saudi Arabia: KSA-based logistics firm Tamer Group has inked a SAR 1 bn (USD 266 mn) agreement with Saja Pharmaceuticals to develop a solar-powered logistics park in Riyadh and a pharmaceutical manufacturing facility in Jeddah, Argaam reports.
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Details are scant: The manufacturing facility will produce specialized drugs and the logistics hub will cover 200k square meters. No timeline has been disclosed for either project, and the capacity of the solar energy generation is unknown.
DATA POINT- Saudi Arabia is the fastest-growing pharma market in the G20, contributing nearly half of the USD 32 bn regional market by 2027, Spa reports The Kingdom’s pharma sector includes over 200 factories with investments exceeding USD 2.6 bn.
Tamer has Saudi ties: Tamer Group and Spain-based Intralogistics solutions provider Smartlog inked an agreement in September to automate the group’s new logistics park in Riyadh. Tamer Logistics also partnered with Kuekne+Nagel in October 2023 to provide contract logistics and support the latter’s freight forwarding activities in Saudi Arabia, according to a statement released at the time.
About the group: Founded in 1922, the Saudi-based conglomerate currently maintains a significant distribution and logistics services network in the Kingdom. The group’s logistics arm, Tamer Logistics, launched in 2011 to specialize in food and medical warehousing, warehousing and facility management, and domestic distribution, according to its LinkedIn.
