Riyadh - Sharikat Mubasher: Saudi Arabia has made significant strides in transforming its logistics sector, positioning itself as a key global hub for trade and commerce. Strategically located at the crossroads of Asia, Europe, and Africa, the Kingdom is investing heavily to modernize its infrastructure.
During a discussion session at the 6th Supply Chain and Logistics Conference, Saudi Minister of Transport and Logistics Services Saleh Al-Jasser unveiled that both public and private sectors have invested over SAR 200 billion to upgrade the Kingdom’s infrastructure since the launch of the National Transport and Logistics Strategy.
Al-Jasser also highlighted that, through this strategy, Saudi Arabia has earmarked more than SAR 1 trillion to support rapid growth and solidify its position as a global logistics hub.
Furthermore, the minister revealed that the Kingdom signed contracts worth more than SAR 10 billion to establish 18 logistics zones, as part of a broader goal to raise the number of logistics zones from 22 to 59 by 2030.
The Supply Chain and Logistics Conference 2024 takes place in Riyadh on 15 and 16 December, with the participation of over 100 exhibitors and more than 10 startups from over 10 countries. It serves as a dynamic platform that provides access to decision-makers in government agencies and commercial establishments and identifies investment initiatives and opportunities.
It gathers supply chain decision-makers to discuss the goals to be achieved and strengthen the Saudi economy, consolidating the Kingdom’s position as a global logistics hub linking the three continents.