Saudi Arabia adopts new transport logistic strategies within Vision 2030 – General – 12/05/2022 – Kuwait News Agency

  • Date: 12-May-2022
  • Source: Kuwait News Agency
  • Sector:Transport
  • Country:Saudi Arabia
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Saudi Arabia adopts new transport logistic strategies within Vision 2030 – General – 12/05/2022 – Kuwait News Agency

(report)

RIYADH, May 12 (KUNA) -- Saudi Arabia is characterized by its strategic and important geographical location that overlooking the Arabian Gulf and Red Sea, connecting the three continents of Asia, Europe and Africa.

By adopted the Vision 2030, Saudi Arabia is working on being a global logistical hub, by investing in non-oil economy through pioneering programs and goals.

It has launched the National Transport and Logistics Strategy, which is one of the basic aspects for the 2030 Saudi Vision that contributes to enhancing the human and technical capabilities in the transport through establishing advanced industries of logistic services.

The strategy aims at making Saudi Arabia a global center for transport and logistics services by increasing the contribution of the sector to 10 percent of the GDP up from its current rate of six percent.

It would upgrade the Kingdom to become among the top 35 countries on the cross-border commerce index and among the top six countries in the quality of roads, shipping more than 4.5 million tons through air annually, as well as increasing destinations to over 250 international destinations.

The Kingdom has 13 ports on the Arabian