πΈπ¦ Saudi Arabia Unveils Major Logistics Expansion with SR10 Billion Investment

Saudi Arabiaβs Minister of Transport and Logistics, Eng. Saleh Al-Jasser, announced the signing of contracts worth over SR10 billion to establish 18 new logistics zones. This initiative, revealed at the 6th Supply Chain and Logistics Conference in Riyadh, is part of the Kingdom's drive to strengthen its global competitiveness under Vision 2030.
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- Expansion of logistics zones from 22 to 59 by 2030.
- Saudi ports achieving a 231.7-point increase in UNCTADβs maritime connectivity index and adding 30 new shipping lines.
- SR5 billion investment to expand the Northern Train to support the growing mining sector.
The two-day conference featured the signing of 86 agreements, participation from 65 international and local companies, and initiatives like empowering women in logistics through training. With exports from the re-export sector growing 23% year-on-year to reach SR61 billion, Saudi Arabia continues its efforts to solidify its status as a global logistics hub.