KSA targets logistics hub with projects worth SAR240bn

His Excellency Saleh Al-Jasser, Minister of Transport and Logistic Services, KSA said, “The Kingdom of Saudi Arabia has SAR240 billion (US$ 64 billion) in logistics projects under development and planning, with 80 per cent open to private sector investment. This includes airport management, cargo, highway construction and seaport projects. The private sector is a partner in realising the achievements of the logistics sector. About 80 per cent of the projects are open to private sector investment as KSA seeks to become a regional logistics hub.”