Saudi Arabia unveils Master Plan for Logistics Centers

  • Date: 28-Aug-2023
  • Source: GCC Business News
  • Sector:Transport
  • Country:Saudi Arabia
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Saudi Arabia unveils Master Plan for Logistics Centers

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, and Chairman of the Supreme Committee for Transport and Logistics, has launched the Master Plan for Logistics Centers in order to make Saudi Arabia a global logistical hub.

This move aims to develop the infrastructure of the Kingdom’s logistical sector, diversify the local economy, and enhance the status of Saudi Arabia as a leading investment destination.

The Crown Prince stressed that “the plan is part of a package of ongoing initiatives set as targets by the National Transport and Logistics Strategy (NTLS) to develop the logistical sector to support the economy, increase the local, regional and international connections of the international trade networks and global supply chains, boost the partnership with the private sector, and thus increase the opportunity to generate jobs, and make of the Kingdom of Saudi Arabia a global logistical hub, given its geographical location among three important continents: Asia, Europe and Africa.”

The Master Plan for Logistics Centers stipulates 59 centers with a total area of more than 100 million square meters, including 12 in the Riyadh Region, 12 in the Makkah Region, 17 in the Eastern Region, and 18 distributed in the rest of the