Ministry of Transport and Logistics Services: KSA Logistics sector market size to grow to 57.4 billion SAR by 2030
To bolster the Kingdom's efforts in this direction, HRH Crown Prince Mohammed bin Salman has launched comprehensive programs focused on different aspects of the sector.
- To bolster the Kingdom's efforts in this direction, HRH Crown Prince Mohammed bin Salman has launched comprehensive programs focused on different aspects of the sector.
- The National Transport and Logistics Strategy (NTLS) was launched in 2021 with the aim to strengthen human and technical capabilities in the transport and logistics sector in the Kingdom.
- Currently, the logistics sector contributes 6% of the KSA GDP and is projected to contribute 10% by 2030, that is, around SAR 20.1 billion.
- The largest and most populous GCC nation, the Kingdom also aims to create over two hundred thousand jobs in the sector by 2030.