Saudi Arabia Transport

Displaying 13 - 18 of 61

 

The government’s vision is for both domestic and international transport to play a key role in the diversification and modernisation of the economy. The authorities are aiming to make the country a regional and international logistics centre. To achieve this goal, they envisage working closely with leading global logistics companies via public...

 

A key element of the Vision 2030 strategy is the establishment of SEZs offering fiscal and other incentives in competitive locations for promising sectors, among them ICT, logistics, tourism, and industrial and financial services. The SEZs are intended to capitalise on Saudi Arabia’s location, fewer than seven hours’ flying time from major...

Chapter | Transport from The Report: Saudi Arabia 2019

The government’s vision is for both domestic and international transport to play a key role in the diversification and modernisation of the economy. The authorities are aiming at making the country a regional and international logistics centre. To achieve this goal, they envisage working closely with leading global logistics companies via public-private partnerships. One aspect of the new...

Home to an estimated 15% of the world’s proven oil reserves and the single-largest economy in MENA, Saudi Arabia is a key regional and global player. The Vision 2030 blueprint sets out regulatory, budget and social reforms that will be implemented over the coming decade as the nation sets about curbing its reliance on crude oil production and export, which accounted for 43.5% of GDP in 2018.

 

In its efforts to become a logistics trading hub linking Asia, Africa and Europe, Saudi Arabia has taken concrete steps to comply with the highest international standards in freight handling. In July 2016 the Kingdom signed the World Trade Organisation’s Trade Facilitation Agreement (TFA) and in March 2017 it announced its decision to join the...

 

Which international markets is Saudi Arabia hoping to enter for aviation services expansion?

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