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REPORT: Saudi Arabia’s big logistics play

by ASC Staff on Dec 3, 2017


To reach its vision of becoming a logistics hub, the Kingdom launched a nine-point strategy for transforming its logistics sector.
To reach its vision of becoming a logistics hub, the Kingdom launched a nine-point strategy for transforming its logistics sector.

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Saudi Arabia launched its Vision 2030 in April 2016. A key pillar of the Vision is transforming the country into the go-to logistics hub for the region, capable of efficiently linking trade across three continents: Asia, Europe, and Africa.

Today, some 18 months into the Vision, the path forward is taking shape. Import and export processes are being streamlined. Governance structures and regulations are being reformed, opening a path toward market liberalization and private-sector participation. In addition, public-private partnerships are helping finance the infrastructure and bringing in capabilities from the top logistics markets. By 2030, Saudi Arabia expects to be among the foremost logistics hubs in the region.

Saudi Arabia’s determination to become a leading logistics hub is grounded in its economic weight and privileged geographic location. KSA is the largest economy in the Arabian Peninsula, Levant, and Iraq region—accounting for 38 percent of GDP and 21 percent of the population. Its central location is optimal for distribution to the Arabian Peninsula, the Levant, and East Africa, and the country resides directly on the Asia-to-Europe trade route, through which 12 percent of container trade moves annually.

Saudi Arabia aims to leverage these strategic advantages and become the most agile and cost-efficient alternative for distribution to the Arabian Peninsula, Iraq, Levant and East Africa, while advancing the quality of logistics services, infrastructure, and traceability to world-class levels.

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