Riyadh, April 28, 2025
MASIC Logistics, a subsidiary of Mohammed I. Alsubeaei & Sons Investment Company (MASIC), has announced the successful onboarding of two strategic investment partners: the SIDF Investment Company (SIC) and Wisayah Global Investment Company (Wisayah), a wholly owned subsidiary of Aramco. This move supports MASIC’s ambitious expansion plans to develop integrated logistics and industrial solutions across Saudi Arabia.
The investment marks a significant milestone in MASIC’s journey to strengthen its position as a leading national developer and operator of workforce facilities, ready-built factories, advanced warehouses, and integrated logistics infrastructure. The partnership aligns with Saudi Arabia’s national initiatives to enhance supply chains, empower the industrial sector, and elevate infrastructure capabilities under Vision 2030.
The entry of reputable investors reflects strong confidence in MASIC’s business model and growth strategy, helping to accelerate operations, expand market reach, and deliver added value to investors and customers.
Mr. Abdulaziz M. Alsubeaei, Chairman of MASIC Logistics and Board Member at MASIC, stated:
“This partnership represents a pivotal step in reinforcing our contribution to the development of Saudi Arabia’s logistics and industrial infrastructure. It exemplifies an effective collaboration between the public and private sectors, supporting economic diversification and vital sector growth under Vision 2030.”
Mr. Fahad Bin Jamal Al-Naeem, CEO of SIC, emphasized:
“Partnering with MASIC will enable us to provide advanced operational solutions and develop infrastructure tailored to the Kingdom’s growing industrial needs, reinforcing SIC’s commitment to enhancing the competitiveness of key production sectors.”
Ms. Sheila Al-Ruwaili, CEO of Wisayah Global Investment, commented:
“Our investment in MASIC Logistics aligns with our strategy to target high-potential opportunities in local alternative assets. We see MASIC as well-positioned for future success, supported by strong partners and a capable, ambitious management team.”
Mr. Rami Ali Al Sheikh, CEO of MASIC Logistics, added:
“We are proud to welcome SIC and Wisayah as strategic shareholders. Their confidence in our capabilities marks a new chapter of quality growth, strategic alliances, and institutional development, all aimed at delivering sustainable value and operational excellence.”
This partnership serves as a national model, combining industrial growth facilitation by SIC, asset diversification expertise by Wisayah, and MASIC’s operational leadership in logistics and industrial infrastructure development. It underscores the crucial role of national collaborations in building a more competitive and prosperous industrial and logistics sector in Saudi Arabia.
