Transport
From The Report: Saudi Arabia 2023
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Saudi Arabia boasts extensive and increasingly sophisticated transport and logistics infrastructure, supported by significant public funding. Private investment is growing, thanks to privatisation efforts and public-private partnerships. Ambitious logistics projects, if funded and executed successfully, could position the Kingdom as a global leader in the sector. Sustainability is a central pillar of Vision 2030, the Kingdom’s overarching blueprint for diversifying the economy, and the country is seeking to harness its transport sector to enhance its reputation as a modern, advanced economy and profitable investment destination. The streamlining of governmental structures is also making processes more efficient for those investors who are looking to enter the Saudi transport market.

Articles from this Chapter

Overview

Forward motion: The realisation of large-scale infrastructure projects should help to attract further investment to the sector
OBG
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Saudi Arabia, the largest country in the GCC and the second-largest in the MENA region, boasts extensive and increasingly sophisticated transport and logistics infrastructure and services. Significant public funding has been crucial to the improvement seen in the sector’s overall performance, and it is expected to play a pivotal role in the Kingdom’s pursuit of its various economic and strategic goals. An increasing amount of private investment is also starting to be seen in the transport space…

Analysis

Power up: Emerging markets are targeting a greater share of electric vehicle manufacturing and battery production
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With electric vehicles (EVs) set to become more accessible to drivers around the world – and solid growth trends attracting public and private investment – several emerging markets are looking to expand their EV manufacturing capacity. EV uptake is essential to the global energy transition, as transport remains the industry with the highest reliance on fossil fuels, producing an estimated 37% of CO emissions from end-use sectors in 2021. The number of passenger EVs on the road is expected to…