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    Construction Business News Middle East
    Home»LOGISTICS POWER 40 2023»Power 40 2023: Farooq Shaikh ,CEO of LogiPoint
    LOGISTICS POWER 40 2023

    Power 40 2023: Farooq Shaikh ,CEO of LogiPoint

    CBNME EditorialBy CBNME EditorialOctober 12, 2023Updated:December 8, 2023
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    In the dynamic landscape of Saudi Arabia’s logistics realm, LogiPoint is the foremost developer and operator of Logistics Parks and Economic Zones. The odyssey began in 1999 when LogiPoint emerged as the Kingdom’s inaugural Bonded and Re-Export Zone. Since then, the company has evolved into a dynamic force, continually shaping the Kingdom’s logistics landscape. 

    At its helm is Farooq Shaikh, a visionary leader with over two decades of transformative experience in the Middle East shipping and logistics industry. His journey, marked by strategic foresight and operational prowess, unfolded against a backdrop of leadership roles with global industry giants across the Middle East before he made Saudi Arabia his home in 2009. 

    Between 2011 and 2018, Farooq served the SISCO Group as Chief Group Financial Officer before taking up his current role as Chief Executive Officer and Board Member at SISCO Group’s LogiPoint. 

    Farooq’s leadership has elevated LogiPoint to its current stature as a multi-award-winning logistics hub integral to the international supply chain. In 2023, LogiPoint commissioned ‘Built-To-Suit’ green facilities for global brands, expanded its footprint with the state-of-the-art Warehouse Village 5, and accelerated the Jeddah Logistics Park, showcasing adaptability, ambition, and a deep understanding of the market needs. The transition from being the Kingdom’s first Bonded and Re-Export Zone to becoming the developer of Logistics Parks and Economic Zones has been impressively seamless. 

    Farooq’s strategic vision extends beyond corporate success; it aligns with Saudi Arabia’s Vision 2030. Under his leadership, LogiPoint has accelerated investments in logistics infrastructure, contributing to the Kingdom’s goal of becoming a global logistics hub. 

    Farooq has embedded ESG and sustainability into LogiPoint’s DNA. The company’s commitment to green technologies, renewable energy, water conservation, and waste reduction underscores its dedication to reducing carbon footprint. 

    As the Kingdom transforms rapidly in line with Vision 2030, Farooq Shaikh leads LogiPoint into exciting new opportunities, ensuring that LogiPoint continues to deliver the infrastructure of speed and resilience, which will be vital to achieving the Saudi Arabian trade and development goals.

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