Agility Public Warehousing Company, headquartered in the State of Kuwait and listed on the Kuwait Market and Dubai Stock Exchange, is holding consultations with the UAE company (Etihad Rail) to obtain a (concession) to transport and ship goods via railways.
Basil Al-Dabbagh, CEO of (Agility) said that the aim of the meetings and consultations with (Etihad Rail) is the developer and operator of the country's rail project, aiming to know which types of suitable goods will be transported by rail.
Al-Dabbagh stressed that this does not mean dispensing completely from the traditional land and transit trucks, which will cover the areas not covered by the rail network.
He indicated that his company, specialized in the transport, shipping and logistics sectors, will change the form of road transport in the coming period with the start of the implementation of the railway project in the Emirates,
Al-Dabbagh continued to the Gulf newspaper: (Agility) will have an active role in changing the dynamic of the sector, and this will work to reduce expenses on the company and customers, in order to preserve the quality of the environment.
Al-Dabbagh pointed out that (Agility) investments grow annually in the country, especially in the oil and gas sectors, despite regional and global economic changes, especially in the past two years, as they are the most difficult for the countries of the region.
Al-Dabbagh explained that his company’s investments in the logistics sector in Abu Dhabi exceeded 125 million dirhams during 2018, and the number of our trucks increased by adding 35 trucks to the service, and we developed new lands to accommodate large stores and equipment, especially related to the oil sector.
Al-Dabbagh mentioned the new oil projects to be implemented in the country during the next five years, such as those related to increasing investments in oil and gas projects, and its value is estimated at 132 billion US dollars extending until 2023.
He stressed that they are very huge projects looking to increase oil production to 4 million barrels per day, up to 5 million in 2030, and this means increasing daily pumping and production quantities, or drilling new wells, given that 50% of the company's operations in Abu Dhabi. < / p>
Agility Public Warehousing is a public shareholding company headquartered in the State of Kuwait and listed on the Kuwait Stock Exchange. The company has more than 550 headquarters in 120 countries.
It provides logistical services, warehousing services, infrastructure services for various sectors: commercial companies, government institutions, international institutions, and relief agencies around the world.
