TNT to invest USD 1 million in Saudi Arabia

TNT Express, the world's leading B2B express delivery company, will invest over USD 1 million to expand its services in Saudi Arabia.



Al-Harazy  - 'We will expand in a phased manner.'
Al-Harazy - 'We will expand in a phased manner.'

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The company has recently opened nine additional depots, which also serve as walk in centres, in Jeddah, Riyadh, Dhahran, Madinah, Tabuk, Khamis Mushayt, Jubail, Yanbu and Buraidah. A further 22 are planned in other major cities across the country within the next 18 months.

'Our ambition is to expand TNT's nationwide coverage, offer an integrated product range and, by providing extra support and facilities to our customers and become the third largest domestic express player by 2015,' said Taha Al-Harazy, Country General Manager, TNT/SAB Express.

'We will expand in a phased manner, which would enable us to cater to the needs of medium and large scale customers demanding end-to-end logistics solutions. The aim is to make TNT more accessible within the Kingdom and our recent ISO9001 and ISO14001 certifications are official recognitions that we are doing this with the highest quality possible.'

'Saudi Arabia is strategically located and bordered by eight countries, serving as a gateway to the Middle East. Therefore it is vital for a company wanting to develop its regional business to have a strong presence in the Kingdom,' added Al-Harazy.

'Our main focus is to increase our mid and large size business to business customers and we will target individual customers through our walk in centres.'



The expansion will also complement TNT's Middle East Road Network, which currently covers 11 destinations including Dhahran, Riyadh and Jeddah.

'The road infrastructure in Saudi is well developed with highways stretching over 152,000 kilometres. Thus investing in domestic infrastructure would also enable and support the Middle East Road Network, which is the backbone of TNT's regional strategy,' explained Al-Harazy.




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Notes and media contacts

TNT Express is the world's leading business to business express delivery company. The company delivers 3.5 million parcels, documents and pieces of freight a week to over 200 countries using its network of nearly 900 depots, hubs and sortation centres. TNT Express operates over 19,000 road vehicles and 43 aircraft and has the biggest door-to-door air and road express delivery infrastructure in Europe.

TNT Express employed over 48,000 staff worldwide per year end 2005 and is the first ever organisation to achieve global recognition as an Investor in People. The company reported revenue of € 2,9 billion in the first half of 2006. Operating income from TNT Express increased by 21.5% to €277 million in the first half of 2006 compared to the same period in 2005. The TNT Express website is: www.tnt.com/express

TNT N.V. provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximize its network performance. TNT serves more than 200 countries and employs over 128,000 people (over 163,500 people including the division Logistics which is intended to be divested). In the first half of 2006, TNT reported € 5.3 billion in revenues (over 7 billion including Logistics). TNT N.V. is publicly listed on the stock exchanges of Amsterdam and New York. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environmental Programme to fight hunger and pollution in the world.

For further information please contact:
Sarada Chellam
MCS/Action, PO Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960; fax; +9714 390 8161
Or
May Mohr
MCS/Action, P.O. Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960; fax; +9714 390 8161
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Sunday, August 13 - 2006 at 10:39 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This Article was updated on Sunday, December 31 - 2006


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