Saudi Arabia launches ‘world’s most innovative economic zone’

Saudi Arabia launches ‘world’s most innovative economic zone’

Saudi Arabia has announced the launch of 'world's most innovative economic zone' in Riyadh, that will serve billions of customers in Africa, Asia and Europe and help boost Saudi's cargo capacity to more than 4.5 million tonnes per annum.

Spanning 3 million-sq m, the Special Integrated Logistics Zone will use technology to streamline the movement of goods, including best-in-class inventory systems optimized for e-commerce, providing direct linkages between investors, suppliers, customs, and government entities.

It is strengthening Saudi Arabia's competitive position as the largest, fastest growing and leading trading nation in the Middle East, and continuing Vision 2030's mission to connect the Kingdom to the world.

A truly integrated facility, it offers a value proposition that has been developed alongside its first batch of investors, including the global technology leader Apple.

Leaders from the global logistics industry joined Saudi Arabia's General Authority for Civil Aviation (GACA) in celebrating the launch of the Special Integrated Logistics Zone today (October 31) in Riyadh.

"The launch is a testimony to Vision 2030 and the relentless support of His Royal Highness for the sector, positioning the kingdom as a global logistics hub connecting three continents, attracting the largest companies in the world to the Kingdom as our logistics sector