Saudi Arabia Establishes Duty-Free Markets in Airports, Ports

  • Date: 07-Sep-2022
  • Source: Asharq AL-awsat
  • Sector:Transport
  • Country:Saudi Arabia
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Saudi Arabia Establishes Duty-Free Markets in Airports, Ports

Saudi Arabia has opened a new trade path by approving the establishment of duty-free markets in airports, seaports, and land ports. This supports the Kingdom’s aspirations for infrastructure development, logistics support and providing a unique business environment in the transport sector.

The Cabinet, chaired by King Salman bin Abdulaziz on Tuesday at Al-Salam Palace, approved the establishment of duty-free markets in airports, seaports, and land ports.

The Cabinet decision permits sale, in these markets, to passengers arriving and departing from the Kingdom.

Establishing duty-free markets aligns with Saudi Arabia’s plans for strategic transformation in providing support services and operational processes.

The Kingdom’s Transport Ministry is focused on upgrading provided services, developing the operational aspect in line with future plans, building strong alliances and providing a distinctive travel experience through integrated work and by investing with the private sector to achieve the highest standards of efficiency and operation.

In other news, Saudi Arabia is scheduled to inaugurate on Wednesday the Port of Jazan Primary and Downstream Industries (JPDI), located in the south of the Kingdom on the Red Sea, which represents one of the most prominent global trade corridors.

The inauguration is set to be sponsored by Governor of Jazan Prince Mohammed bin Nasser bin Abdulaziz.

The Royal