Core Insights - Reitar Logtech Holdings Limited has signed a Strategic Cooperation Memorandum of Understanding with AI logistics company NEXX to establish a Smart Fulfillment Center in Qatar, set to commence full operations by the end of 2025 [2][3][10] Project Overview - The Smart Fulfillment Center will cover 5,000 square meters and will be equipped with advanced technologies including an Agentic AI management system and automated sorting robots, aimed at enhancing logistics efficiency for cross-border B2C e-commerce [3][4] - The project is located in Milaha Logistics City, Doha, Qatar, and will be co-invested by Solomon Capital Fund, focusing on the digitization and automation of logistics in the Middle East [2][3] Technology Integration - The project will utilize Reitar's PLT automation solutions alongside NEXX's AI-driven technology to create a highly automated facility [4][6] - Key features include: - Intelligent Storage System with 6,744 storage locations and a height of 16 meters [4] - Robotic Sorting System with a combined capacity of 3,800 items per hour [7] - AMR Picking System with 26 Autonomous Mobile Robots [7][8] - Agentic AI Management System for automated decision-making and task execution [8] Market Prospects - The logistics market in the Gulf Cooperation Council (GCC) is projected to reach $171 billion by 2033, with a compound annual growth rate of 5.1% [15] - The project aligns with Qatar's 2030 National Vision for economic diversification and supports the development of a digital logistics corridor under China's Belt and Road Initiative [15] Strategic Significance - The collaboration aims to strengthen Qatar's position as a regional logistics hub by connecting logistics networks between China, Europe, and the Middle East [10] - Reitar's Chairman and CEO emphasized the importance of this collaboration in creating benchmarks for smart logistics and opening new opportunities in the Middle Eastern market [11] Future Plans - The project will proceed in phases, with the pilot phase from 2025 to 2026 focusing on operational validation, followed by expansion into the Middle East and Southeast Asia from 2027 to 2028, and global expansion post-2029 [16]