KSA to set up 60 logistics zones by 2030: Minister

Prince Abdulaziz bin Salman, Energy Minister, Kingdom of Saudi Arabia said the KSA will establish 60 logistics zones by 2030. Addressing the Forum for International Cooperation at the 3rd Belt and Road Initiative Summit in Beijing, the minister said there are large areas that align between the Belt and Road Initiative and the Saudi Vision 2030. Prince bin Salman said the conditions imposed by COVID have demonstrated the impact of the global economy, supply and value chains, and the importance of complementary work between countries. “They have also proven the safety, effectiveness and feasibility of the orientations adopted by China and Saudi Arabia, through the Belt and Road Initiative and Saudi Vision 2030 to enhance economic interconnection and integration so as to build a strong economy capable of facing challenges and recovering from crises,” he said.