Saudi Crown Prince Launches Master Plan for Logistics Hubs in the Kingdom

  • Riyadh, Kingdom of Saudi Arabia
  • 28 August 2023
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Prince Mohammed bin Salman, Crown Prince, Prime Minister, and Chairman of the Supreme Committee for Transport and Logistics, launched the Master Plan for Logistics Centers, which aims to develop the infrastructure of the logistics sector in the Kingdom, diversify the local economy, and strengthen the Kingdom's position as a leading investment destination and global logistics center.

The Crown Prince stressed that the launch of the master plan for logistics centers comes as an extension of a package of ongoing initiatives. In accordance with the objectives of the National Strategy for Transport and Logistics Services to develop the logistics sector to support economic growth, develop local, regional, and international connectivity of international trade networks and global supply chains. In addition to strengthening partnerships with the private sector, expanding job generation opportunities, and consolidating the Kingdom's position as a global logistics hub as it is characterized by its geographical location, which connects three of the most important continents of the world (Asia, Europe, and Africa).

Source (Al-Arabiya.net Website, Edited)

 

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