During a session at the Restatex Jeddah Real Estate Exhibition 2024, Mr. Mario Khoury, General Manager of Logistics at Innovest, spoke about the major transformations in the logistics sector and how it contributes to supporting the Saudi economy. His presentation was full of ideas and initiatives aimed at enhancing the sector's effectiveness.
Strategic directions for increasing growth
At the outset of his remarks, Al-Khoury emphasized the importance of establishing an integrated logistics company that reflects Inovest's commitment to supporting this sector. In 2024, Inovest took a bold step by establishing a logistics arm aimed at helping companies in the Kingdom grow healthily and effectively.
Challenges facing the sector
Al-Khoury pointed out that the biggest challenges facing the logistics sector in Saudi Arabia are achieving a reasonable profit margin while providing high-quality services. He explained that the focus should be on developing logistics facilities such as warehouses and logistics cities, and not just on traditional construction.
Multiple experiences to support success
Al-Khoury presented three key points that enhance Inovest's ability to achieve its goals:
1. Logistics expertise: Despite the company being new, Inovest has succeeded in attracting a group of local and international experts.
2. Real Estate Development: Since 2017, Innovest has a proven track record of successful projects in various sectors.
3. Financial Engineering: Inovest seeks to be a strong investment partner for logistics companies, thereby enhancing market confidence.
Vision of the future
In closing, Al-Khoury highlighted the sector's future directions, emphasizing technological innovation and environmental sustainability. Inovest will play a key role in establishing logistics facilities that keep pace with development and enhance environmental sustainability, in line with the Kingdom's vision.
Al-Khoury concluded his speech by inviting the audience to ask questions, reflecting his openness and desire to engage in dialogue about the future of the logistics sector.
A session on the challenges of evaluating and financing real estate projects https://t.co/kqOOeoCe3N
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