Sinotrans and Saudi Enterprise Set up Joint Venture 2008-08-12 08:10   From:Economic and Commercial Section, Consulate-General of the PRC in Jeddah    Article type:Reproduced Saudi Almajdouie and Sinotrans signed the agreement that a joint venture engaging in logistics will be set up Saudi, whose name is called “Almajdouie Sinotrans Middle East Corporation”, mainly carrying out such businesses as customs and declaration, handling of overweight and bulky cargoes as well as inland transportation service. Abdullah Al-Majdouie, Vice-Chairman of Almajdouie said at the bilateral signature ceremony that the new joint venture will offer fine quality service via Middle East and North African areas to gradually expand the business of the area to enter into the world-class logistics industries. Almajdouie, founded in 1965, is Saudi’s largest logistics company, whose businesses involves in many aspects including freight, warehousing management, import and export cargo clearance and tourism.

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