Saudi Arabia Automotive & Spare Parts Logistics Market is expected to reach about USD 2,241 Million in terms of Revenue by the year ending 2025: Ken Research
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Thursday, June 10, 2021
Saudi Arabia is located at the crossroads of significant international trade route that connects Asia, Europe and Africa.
Key Points:
- Saudi Arabia is located at the crossroads of significant international trade route that connects Asia, Europe and Africa.
- This strategic location provides the Kingdom with a unique advantage over other nations thus, enabling it to become a leading regional logistics hub.
- In April of 2016, Saudi Arabia announced its Vision 2030 which includes transforming the Kingdom into a preferred logistics hub.
- Expansion of industrial cities continues to offer opportunities for foreign investors towards developing the non-oil manufacturing base, warehousing & logistics segments.