Arab News, Wednesday, Jul 7, 2021 | Zul Qaadah 26, 1442
Saudi Arabia wants transport sector to contribute 10% of GDP by 2030
Saudi Arabia:
Transport and logistics will contribute 10 percent of Saudi
GDP by 2030, up from 6 percent today, following the implementation of the
Kingdom’s new strategy for the sector, said Minister of Transport Saleh
Aljasser.
Goals of the strategy include tripling air transport movement, linking the
cities of Makkah, Jeddah and Madinah through a 450-kilometer express train and,
eventually, connecting the east and west of the Kingdom and the ports, and
joining the Gulf-wide rail network, Aljasser said during a press conference on
Tuesday.
Crown Prince Mohammed bin Salman launched the new transport and logistics
blueprint last week with the aim of positioning the Kingdom as a global
logistics hub connecting three continents, and improve all transport services in
support of Saudi Vision 2030.
Saudi Arabia wants to handle 4.5 million tons of air cargo annually, up from
900,000 tons in 2019, President of the General Authority of Civil Aviation,
Abdulaziz Alduailej, said during the press conference.