Saudi Arabia Logistics Sector: Transiting Through the Fast Lane

Executive Summary

In today’s interconnected world, logistics is the nerve centre of global economies. Given their strategic location at the centre of important trade routes, GCC countries are looking to develop their logistics as part of their broader economic diversification strategies.

In particular, Saudi Arabia aims to become a leading industrial powerhouse and global logistics hub, targeting to increase the sector’s contribution to GDP to 10% by 2030. With government initiatives laying a strong foundation for the development of logistics in Saudi Arabia, multiple other factors such as e-commerce, expansion of industrial sector are also favouring the sector’s growth. While some challenges such as geopolitical concerns persist, the sector is largely galloping on the growth path.