Saudi Arabia unveils master plan for logistics centers

Saudi Arabia unveils master plan for logistics centers

Image courtesy: Saudi Press Agency/ X

Saudi Arabia’s Crown Prince Mohammed bin Salman has unveiled the master plan for logistics centres, which aims to develop the infrastructure of the kingdom’s logistical sector, diversify the local economy, and advance the country’s status as a global logistical hub, according to state news agency Saudi Press Agency (SPA).

Under the master plan, Saudi Arabia will build 59 logistics centres with a total area of more than 100 million square meters across the kingdom as part of its broader National Transport and Logistics Strategy.

The Saudi government plans to develop 12 logistics centres in Riyadh, 12 in Makkah, 17 in the Eastern region, and 18 distributed across other parts of the country.

“There are currently 21 centres being worked on. All centres will be completed by 2030,” SPA said.

Saudi Arabia seeks to develop its logistics sector to support the economy, increase connections between the international trade networks and global supply chains and boost the partnership with the private sector.

HRH Crown Prince Launches Master Plan for Logistics Centres to Make Kingdom a Global Logistical Hub.https://t.co/WEpvGiyLir#SPAGOV pic.twitter.com/lNiXxB8UTY

— SPAENG (@Spa_Eng) August 27, 2023

The strategy will leverage country’s geographical location among three important continents – Asia, Europe and Africa – to