PWC Logistics, Al-Ghaith Holding start automotive logistics venture
Kuwait-based logistics provider PWC Logistics and Al-Ghaith Holding PJSC have established a joint venture company to provide automotive logistics services to countries within the Gulf Cooperation Council.
GCC countries are Kuwait, Qatar, Oman, Saudi Arabia, Bahrain and the United Arab Emirates.
PWC Logistics will manage Automotive Logistics Middle East (ALME) from the new company’s headquarters in Dubai’s Jebel Ali Free Zone. ALME will focus on providing automobile pre-delivery and inspection and replacement parts logistics services to vehicle manufacturers, original equipment agents and used vehicle dealers throughout the GCC.
ALME will also offer logistics services tailored to meet the specific requirements of motor vehicle exhibition and event organizers. Operations will begin later this year using a sheltered storage and workshop facility, with a capacity of more than 500 vehicles, located near the vehicle off-loading berth at the Jebel Ali Free Zone.
One of Abu Dhabi-based Al-Ghaith Holding’s investments is the exclusive agency for Aston Martin in the Middle East.
“We’re very excited about this venture. The automotive sector in the GCC continues to experience double-digit growth and we are ideally positioned to provide services which both reduce vehicle delivery times and lower costs for both suppliers and dealers,” said Essa Al-Saleh, PWC Logistics’ managing director, corporate development.