The Savola Group announced today on tadawul the approval of Azizia Panda co.'s (74.4% owned by Savola) BOD decision to establish a retail distribution center in King Abdullah Economic City (KAEC).

The center will be established on a long-term leased land with a total area of 200.000m2 at a cost of SAR 400m.

The project will be financed by the company's internal resources.

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