SATS Ltd (SATS), Asia’s leading provider of food solutions and gateway services, has announced that its subsidiary, SATS Saudi Arabia Company, has won a 25-year cargo terminal concession in King Khalid International Airport (KKIA) in Riyadh, Saudi Arabia. The Riyadh cargo terminal will be the second cargo operation in Saudi Arabia for SATS, after its first win in King Fahd International Airport in Dammam in 2016.
Construction of the SATS Cargo Terminal in KKIA will take place over two phases with the first phase expected to be completed in mid-2022. Upon full completion, this cargo terminal will have the capacity to handle up to 600,000 tonnes of cargo annually. There will also be a purpose-built cold-chain facility for the special handling of temperature sensitive perishables and a dedicated lane for pharmaceutical products.
Alex Hungate, president and CEO of SATS said: “KKIA serves Riyadh, the capital city of Saudi Arabia, and handles close to 40% of air cargo volume in the Kingdom. Connected to our stations in Dammam and Oman, and our extensive Asian network, KKIA will extend SATS’ network of quality cargo corridors to offer our customers greater connectivity and quality assurance, while supporting Saudi Arabia’s rapidly growing cargo market and logistics infrastructure.”
SATS operates 10 cargo terminals in Asia in Beijing, Dammam, Ho Chi Minh, Hong Kong, Jakarta, Kuala Lumpur, Mumbai, Bengaluru, Oman and Singapore.