Riyadh Development Company (ARDCO) signed a strategic partnership with Agility Logistics Parks to develop a logistics complex in Al Remal District in Riyadh at the cost of USD 60.4 mln.
The project covers an area of 97,904 square metres and includes the construction of 58,000 square metres of Grade A warehouses.
Construction is expected to begin in 2025, with a scheduled opening in the second half of 2026.