Saudi Arabia Vision to Boost E-Commerce Industry
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Establishing a unique regional logistics hub
Saudi Arabia has invested greatly in ports, railways, roads, and airports. To take full advantage of these investments, the state plans a series of new international partnerships with private companies to improve our infrastructure and build infrastructure networks that connect both at home and abroad. The country will use more efficient systems and basic hardware which include more rigorous government management, more simplified procedures, and more efficient customs systems. The state will optimize and implement existing laws and regulations, encourage air, sea, and other transport operators to expand capacity, establish sustainable links between trade hubs and open new trade routes. This will consolidate Saudi Arabia’s position as a logistics hub on three continents. By 2030, Saudi Arabia aims to increase its logistics performance index from 49 to 25 and ensure its leadership position in the region.
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Regional and international integration
One of Saudi Arabia’s primary concerns is to consolidate and strengthen its internal links and economic integration with the Gulf Cooperation Council countries. The state will work to accelerate the process of establishing a common market among Gulf Cooperation Council countries, uniform the tariff, economic and legal systems, and build a joint road and rail network. Saudi Arabia has sought to build effective links with other countries in the middle east and north African region through improved logistics services and new cross-border infrastructure projects, including land transport into Africa through Egypt. Logistics and trade flows will be simplified, consolidating Saudi Arabia’s position as a pre-eminent regional trading hub.
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