Saudia Cargo has revealed a landmark joint venture agreement with its long-standing strategic partner in China, TAM Group. This collaberation established Saudia Cargo Global, a dedicated entity based in Hong Kong. It is designed to serve as Saudia Cargo’s dynamic command centre for Greater China, Asia Pacific (APAC) and beyond.
The move significantly enhances Saudia Cargo’s commercial reach, services capabilities and customer engagement in China.
This venture underscores Saudia Cargo’s “unwavering commitment” to delivering air cargo solutions to Greater China. By leveraging Hong Kong’s position as a thriving cargo hub, the carrier will work to provide greater capacity to Saudi Arabia and directly supports Saudi Arabia’s Vision 2030.
Loay Mashabi, CEO and managing director of Saudia Cargo, says: “Saudia Cargo Global marks a transformative step in our global expansion. Our partnership with TAM Group is a strategic evolution reflecting our long-term dedication to the region and our sustainable global growth.”
Dr Tam Wing Kun, founder and chairman of TAM Group added: “Since 1986, TAM Group has worked hand-in-hand with Saudia Cargo and this joint venture is a natural next step in our shared commitment to the region’s growth. The Greater China market with Hong Kong at its heart is a vibrant, rapidly evolving landscape and we are confident Saudia Cargo Global will become a dominant force in the air cargo industry.”
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