Saudia Cargo, the Saudi Arabian airfreight flag carrier, has formed a landmark joint venture with China-based TAM Group to launch ‘Saudia Cargo Global’, a new entity headquartered in Hong Kong. The venture is positioned as the Saudi airfreight carrier’s command centre for Greater China, the Asia-Pacific region, and beyond.

The move aims to significantly expand Saudia Cargo’s commercial footprint and service offerings in one of the world’s busiest logistics and trade corridors.

By leveraging Hong Kong’s status as a key global cargo hub, Saudia Cargo Global will connect regional businesses to Saudi Arabia and international markets, supporting trade flows and aligning with Saudi Arabia’s Vision 2030.

The company plans to introduce a range of tailored services for the Greater China market, including enhanced freighter operations via Hong Kong, advanced logistics solutions for e-commerce, and specialised pharmaceutical transport meeting global compliance standards.

TAM Group will contribute its regional expertise, operational strength, and long-standing partnership with Saudia Cargo to ensure the venture’s success under a unified strategic framework.

Loay Mashabi, chief executive and managing director of Saudia Cargo, said: “Saudia Cargo Global marks a transformative step in our global expansion, underscoring our deep commitment to the dynamic Greater China market as well as the wider APAC region. Our partnership with TAM Group is a strategic evolution reflecting our long-term dedication to the region and our sustainable global growth.

“Leveraging TAM Group‘s expertise and our robust network, Saudia Cargo Global will unlock new opportunities, enhance customer agility, and significantly strengthen regional and international trade through five dedicated freighter hubs.”

Mashabi added: “This venture, aligned with Saudi Arabia’s Vision 2030, is crucial for diversifying our economy, boosting non-oil exports, and accelerating the Kingdom’s rise as a global logistics hub.”

Dr Tam Wing Kun, founder and chairman of TAM Group, said: “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’re confident Saudia Cargo Global will become a dominant force in its air cargo industry.

“Looking ahead, our combined strengths, deep market insights, and unwavering commitment to excellence will enable us to provide customers with innovative, efficient, and reliable logistics solutions that drive their success.

“Hong Kong’s incredibly crucial position allows us to serve the Greater China region and beyond, including Southeast Asia and key worldwide markets while also aligning perfectly with the Hong Kong SAR government’s initiatives to strengthen ties with the Middle East.”

READ MORE NEWS: Saudia Cargo and CHAGC to establish air logistics bridge between Zhengzhou and Riyadh