Today (Sunday) Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, launched the master plan for the Kingdom's logistics centers.

The plan 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 a global logistics center, according to the Saudi Press Agency (SPA).

The Saudi Crown Prince stated that the launch of the scheme comes as an extension of a package of ongoing initiatives, in accordance with the objectives of the National Strategy for Transport and Logistics Services, with the aim of developing the logistics sector to support economic growth and develop local, regional and international connectivity to international trade networks and global supply chains.

The plan includes 59 centers with a total area of more than 100 million square meters, including 12 logistics centers for the Riyadh region, 12 logistics centers for the Makkah Al-Mukarramah region, 17 logistics centers for the eastern region, and 18 logistics centers in the rest of the Kingdom’s regions, where work is currently underway in 21 centers, provided that All centers will be completed by 2030.

The centers will also enable local industries to export Saudi products with high efficiency, as well as support e-commerce to facilitate linking between logistics centers and distribution centers within the regions, cities and governorates of the Kingdom very quickly, in addition to providing high traceability and facilitating the issuance of licenses to practice logistic activity, especially after the launch of the unified logistics license. And granting licenses to more than 1,500 local, regional and international logistics companies.

It is noteworthy that last April, the Kingdom jumped 17 ranks globally in the logistics index issued by the World Bank, as it advanced to 38th among 160 countries in the international ranking in the logistics efficiency index.

The Kingdom is working to reach the list of the top 10 countries in the world in the logistics performance index by 2030.

Among the logistics projects, what the Kingdom announced last March to establish a new global center for procurement and logistics services in Saudi Arabia by 2025, which is a partnership project between Saudi Aramco and the global logistics company DHL.

Last April, the Saudi Crown Prince announced the launch of four new economic zones in the Kingdom, distributed in Riyadh, Jazan, Ras Al-Khair, and King Abdullah Economic City, north of Jeddah, to enhance many sectors, especially the logistics sector, as it provides various incentives to encourage investment, including allowing 100% foreign ownership. .