FedEx Logistics has signed a Memorandum of Understanding (MoU) with the Qatar Free Zones Authority (QFZ) to facilitate the establishment of a regional logistics facility in Qatar's free zones.

The facility, which will operate under the company's FedEx Trade Networks Transport & Brokerage division, will be located at Ras Bufontas Free Zone and will include a state-of-the-art logistics office.

FedEx said the new facility will help continue to support the expansion of FedEx Logistics with seamless integration into the FedEx global network. It will serve as a key gateway for international cargo transition in the region between Asia and Europe.

The location of the FedEx Logistics facility in Ras Bufontas Free Zone, adjacent to the award-winning Hamad International Airport and Qatar Airways, will provide enhanced access to air transportation and freight, efficient customs processing time, convenience, and the opportunity to grow business in the region.

"The collaboration between QFZ and FedEx Logistics will help accelerate the flow of goods and strengthen supply chains, benefitting economies on a global scale," said Sheikh Mohammed H.F. Al-Thani, CEO of Qatar Free Zones Authority (QFZ).

Patrick Moebel, president and CEO of FedEx Logistics, said the regional facility in QFZ will enable the company to better serve its customers.

"We are proud to collaborate with QFZ to establish a facility that allows FedEx Logistics to expand while continuing to deliver for our customers by helping them navigate global commerce with the guidance of regional expertise," he added.

Due to its location, Qatar has access to 60% of the world's population within eight hours of flying time and five days of sailing time.

FedEx noted that the freight and logistics market in Qatar has been growing steadily.