Manama, March 1 (BNA): Malca Amit, a logistics provider for the transportation and warehousing of high-value goods, has opened its first regional office in Bahrain.
With a global team of over 1,500 members in more than 20 locations worldwide, Malca Amit provides comprehensive services for high value commodities.
Global Jump facilities are located in Bangkok, Singapore, Zurich, Toronto, London, New York and Hong Kong.
Malca Amit provides services in logistics, secure warehousing and transportation, customs brokerage and special operations to high net worth individuals, international banks and companies in the luxury goods industry.
The company will offer multiple services outside Bahrain to serve local and regional clients, including door-to-door services, high wealth personal storage, jewelry and valuables storage.
It is expected that the launch of the company will contribute to the Kingdom achieving the goals set for the logistics sector strategy within the framework of the economic recovery plan, which aims to reach an annual air cargo volume of one million metric tons.
The exclusive office of Malca Amit Bahrain is located in the Awal Private Terminal, the first international airport in the Kingdom that was operated during the 1960s and 1970s, and which currently serves the passengers of private airlines and VIPs. Malca-Amit’s headquarters will be strategically located in the cargo complex of Bahrain International Airport (BIA).
“We carefully analyzed the regional market and Bahrain was the perfect choice to launch our operations given its strategic location and competitive operating costs. We are very excited to launch our operations in Bahrain, and it will enable us to serve exclusive clients in Bahrain and the rest of the region,” said Aaron Hochberg of Malka Amit.
“Having a global logistics company like Malca Amit in Bahrain will contribute to enhancing the value proposition of our logistics sector which will support sustainable economic growth and cement Bahrain’s position as one of the top global destinations for logistics services.” said Executive Director of Business Development for Logistics Services at the Bahrain Economic Development Board, Ahmed Sultan.
The Logistics Sector Strategy for Bahrain’s National Economic Recovery 2022 – 2026 aims to position the Kingdom as one of the top 20 global destinations for logistics services, and to increase the contribution of the logistics sector to GDP to 10% in 2030.
The launch of Malca-Amit follows a Memorandum of Understanding signed in February 2022 with the Bahrain Institute for Pearls and Gems (Danat), a laboratory and scientific research center specializing in verification services for natural pearls and gemstones, which seeks to preserve and enhance Bahrain’s vast pearl heritage.
Through the agreement, Malca-Amit will provide access to a global distribution network for Danat diamonds and natural pearls.
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