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The Saudi Chemical Company Holding has announced the awarding of a contract to build a modern and advanced warehouse in Jeddah for its subsidiary, Sitco Pharma, with a total value of 56.5 million riyals. The project has been assigned to Rafiq bin Abdulqadir bin Saleem Kreidiya Contracting Company, aiming to strengthen the company's logistical infrastructure and support its competitive capabilities in the pharmaceutical distribution and storage sector. This project is part of the company's plan to enhance the efficiency of logistics operations related to inventory management and supply chains, which will accelerate distribution processes and expand geographic coverage, without any significant financial impact on the current financial statements.
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