Amar Properties and Khalid bin Ibrahim Al Ajlan Company are offering the “Dhahran Warehouses” plan for sale in a public auction that will be held on Tuesday, December 27, 2022, at 3:00 pm at the Holiday Inn Hotel Hall - Corniche Al Khobar.
The "Dhahran Warehouses" plan, located in the city of Dhahran, south of the second industrial city of Dammam and the Abqaiq Dhahran highway, is one of the latest plans dedicated to warehousing, logistics and logistics business. The Dhahran Warehouses scheme, located in the city of Dhahran, south of the second industrial city of Dammam and the Abqaiq Dhahran highway, is the latest scheme dedicated to storage, supply and various logistics works, as it includes four main areas, of which the warehouse area occupies the largest share, as its infrastructure, services and land areas were designed based on anticipating the future and current needs of this market, and land was allocated for human resources housing in the second part of the scheme, while the third and fourth parts of the project were dedicated to supporting services, government facilities and other commercial services.
The CEO of the Dhahran Warehouses said that the project is the first part of the project to be dedicated to supporting services, government facilities and other commercial services. For his part, Falah bin Fahad Al-Qahtani, CEO of Ammar Real Estate Company, said: "The opportunities are diverse in the Dhahran Warehouses scheme, where investment can be made in the construction of warehouses with multiple uses, as well as investment in the construction and rental of labor housing and its various commercial services in line with the Kingdom's Vision 2030, which pays special attention to the storage, supply and logistics sector, as the past years have witnessed the launch of quality initiatives to promote this vital sector."
Falah bin Fahad Al-Qahtani, CEO of Ammar Real Estate Company, said: “The opportunities are varied in the Dhahran Warehouses scheme. <For his part, Khalid bin Ibrahim Al-Ajlan stressed the need for the private sector to play its developmental role in investing and developing quality projects in the real estate sector, especially the industrial sector and logistics services, where he stated: "The Saudi real estate market is in a comprehensive renaissance and needs the efforts of all to bridge the current and future gaps.”Ajlan also stressed that the auctioning of the Dhahran Warehouses scheme comes in line with the tremendous development in the Saudi market and the Saudi Vision 2030 and its executive programs aimed at transforming the Kingdom into a global logistics center.
