Saudi Transport and Logistic Services: 4-6 February 2020
The Saudi Transport and Logistic Services is opening at the Riyadh International Convention Center on February 4th 2020. The two day event will bring together the biggest names in trade and logistics to showcase their companies, network, and discover what is coming up for the sector.
According to event organisers, the transportation and logistics sector has played a prominent role in the socio-economic development of Kingdom of Saudi Arabia. Given the worldwide trends and statistics on urban population growth, the country has always focused on re-planning and re-designing of existing cities in order to absorb the pressure of increasing urban populations, in a manner that will improve environmental sustainability and energy efficiency. The Kingdom is implementing short and medium term strategies that will get the population to begin transitioning from conventional modes to environmentally-sustainable modes of transport. The Kingdom has begun thinking of the future needs of the population for more proactive solutions to emerge in the transportation sector in Saudi Arabia, especially in big cities like Jeddah, Riyadh and Dammam.
Since 2008, the Saudi Government have invested heavily in transport infrastructure projects as part of its efforts to expand and diversify the economy. Ports have been built, airports expanded and upgraded, and railway and metro projects initiated and in some cases already completed.
Saudi Arabia is investing US$140 billion over the next 10 years in expanding and upgrading its transportation sector, acknowledging its big need to expand its five main sector’s components: maritime, rail, road, air transportation, warehousing and distribution seaports. Major infrastructure projects include Riyadh Metro, Mecca Metro, Jeddah Airport and Riyadh Airport.
Saudi Arabia plans to raise 135 billion riyals (US$36 billion) for transportation-infrastructure projects over the next 11 years, as part of a sweeping plan to overhaul the economy of the world’s top oil-exporting nation. The transport investments, funded by a mix of government and private spending, would be “split between various sectors - airports, railways, ports and roads, with the bulk being spent on railways.
The conference provides a platform for local and international key market players in the transport sector to discuss the opportunities and challenges faced in Saudi Arabia. This conference will bring together investors, developers, governmental entities, authorities, consultants, contractors, and service technology providers from all over the world to examine the Saudi Transport Market.
To learn more, please head over to the Saudi Transport and Logistic Services website here: https://www.recexpo.com/events/saudi-transport-and-logistic-services/