National Transport and Logistics Strategy

Saudi lays out The Kingdom’s strategy to grow logistics sector

Saudi Arabia had launched the National Transport and Logistics Strategy to attract local and international investments in the supply chain sector. Aiming to raise SR40 billion ($10.64 billion) in its first two years

, the initiative has set SR10 billion in financial and non-financial incentives for investors.
An ambitious strategy to grow the kingdom’s logistics sector market size to SR57.4 billion ($15.31 billion) by 2030 and position it as a global logistics hub.
Saudi Arabia has been on the fast track to shift its economy away from oil and build a more diverse and holistic economic ecosystem. Currently, the logistics sector contributes 6% of the KSA GDP and is projected to contribute 10% by 2030, that is, around SR20.1 billion.

59 logistics zones

Boosting its cargo capacity and bolstering supply chains further, the kingdom announced the launch of 59 logistics zones by 2030, 21 of which are already operational.
The strategy aims to develop the kingdom's transport and logistics sector and address the increasing global demand for logistics services.
The comprehensive program aims to position the kingdom as a global logistics hub. With a unique geographical location, connecting three continents: Europe, Asia, and Africa, the country is in an advantageous position to become the gateway facilitating easy trade and movement of goods across continents. Located on the Asia-Europe trade route, the country already hosts 12% of the global container trade passes annually.
The new strategy also seeks to improve the capabilities of the air cargo sector by doubling its capacity to more than 4.5 million tons.