Ten Agreements Signed at Riyadh Supply Chain Conference

  • Date: 17-Oct-2022
  • Source: Asharq AL-awsat
  • Sector:Retail
  • Country:Saudi Arabia
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Ten Agreements Signed at Riyadh Supply Chain Conference

Supporting the Kingdom’s ambitions for becoming a global destination for logistics services, the Supply Chain Conference held in Riyadh witnessed the signing of ten agreements that bolster the position of Saudi supply chains in the face of geopolitical challenges.

Moreover, Saudi Arabia announced inaugurating 59 logistic zones to bolster supply chains and logistic services.

At the conference, Deputy Minister of Industry and Mineral Resources Osama Al-Zamil spoke on behalf of the Minister of Transport and Logistics Saleh Al-Jasser.

In the delivered speech, Al-Jasser stressed that the transport and logistics system is working on developing legislation, improving the Kingdom’s business environment, and attracting investments and modern technologies to meet the needs of many sectors.

He said the logistics zones will enable the Kingdom to play a regional and global role.

A total of 18 industrial zones were chosen to expand their business scope to become a logistical industrial hub, the minister added.

Crown Prince Mohammed bin Salman’s launch of the National Transport and Logistics Strategy (NTLS) has contributed in unifying the destination and charting the paths towards a brighter future for the Kingdom, Al-Jasser said.

He added that the NTLS has also empowered Saudi Arabia to be a global logistics center linking the three continents, in addition to