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NUPCO strengthens healthcare
supply chain with ten
strategic MoUs and
agreements at PIF Private
Sector Forum
(RIYADH)
-
The National Unified
Procurement Company
(NUPCO) signed ten new
Memoranda of Understanding
(MoUs) and agreements at the
2025 PIF Private Sector
Forum, formalizing
collaborations with leading
local, regional and global
organizations in the
logistics, infrastructure,
business development, and
financial services
industries.
NUPCO
formalized four agreements
aimed at expanding
suppliers’ financing
options, improving cash
flow, and enhancing the
resilience of the healthcare
supply chain:
-
A SAR 500 million agreement with Banque Saudi
Fransi to facilitate
supply chain financing
for NUPCO suppliers.
-
A SAR 1 billion agreement with First Abu Dhabi
Bank (Saudi Branch) to
offer suppliers
immediate access to
financing at competitive
rates.
-
A SAR 1 billion agreement with Tameed to empower
SMEs suppliers through
advanced financing
solutions.
An
agreement with Saudi
Cities Investment Gate
(Furas) to facilitate
suppliers’ access to
investment opportunities.
To ensure seamless and
agile end-to-end logistics
operations and distribution
networks, NUPCO signed six
MoUs with leading logistics,
infrastructure, and business
development organizations:
-
Aramex – Collaboration on last
mile delivery services,
allowing direct delivery
of medications and
medical devices to
patients across Saudi
Arabia.
-
SMSA – Partnership to expand
last mile delivery of
medical supplies to
ensure direct and timely
delivery for patients.
-
UPS – Partnership to strengthen
supply chain efficiency
and last-mile delivery
of medical products.
-
DHL – Partnership to strengthen
last-mile delivery and
supply chain efficiency
for medical products.
-
Monsha’at – An agreement to
advance the logistics
sector development,
enhancing medical supply
accessibility for small
and medium enterprises.
-
MODON – A collaboration aimed
at developing logistics
and industrial projects
within Saudi Arabia’s
industrial cities while
boosting local content
in healthcare supply
chains.
These
agreements come as part of
NUPCO’s ongoing efforts to
enhance procurement
processes, support SMEs, and
strengthen supply chain
resilience in the healthcare
sector. By working with
partners across key
industries, NUPCO seeks to
improve logistics
efficiency, expand financing
options for suppliers, and
contribute to the broader
goal of ensuring timely,
high-quality healthcare
delivery in line with Saudi
Vision 2030 objectives.
“NUPCO plays a key role
in shaping a more efficient
and cost-effective
healthcare supply chain, and
we see the private sector as
an essential partner in this
effort,” said Fahad
Al Shebel, CEO of NUPCO.
“The Private Sector forum
provides a platform to forge
strategic partnerships with
leading institutions,
allowing us to unlock new
opportunities, and drive
solutions that enhance
supply chain resilience and
create long-term value for
all stakeholders.”
These ten new MoUs follow
NUPCO’s recent agreements
with global pharmaceutical
leaders, including Novo
Nordisk (Denmark) and Sanofi
(France) to localize the
supply of vital insulin
types in the Kingdom,
contributing to the
development of Saudi
Arabia’s pharmaceutical and
medical supply chain.
Founded in 2009, NUPCO
is wholly owned by the
Public Investment Fund
(PIF). It operates in the
field of providing medical
procurement, storage, and
distribution services for
pharmaceuticals, medical
devices, and medical
supplies in Saudi Arabia.
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