Saudi logistics sector to reach $18bn by 2015

Value of GCC’s logistics contracts to grow by 7% next year.
Jeddah Islamic Port. Photo credit: KHALED DESOUKI/AFP/Getty Images.
Jeddah Islamic Port. Photo credit: KHALED DESOUKI/AFP/Getty Images.

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Saudi Arabia’s logistics sector is poised for significant expansion in 2015, with industry experts estimating that its value will reach $17.9 billion this year. 

The thriving sector is reflective of the GCC’s flourishing industry; in 2013, GCC countries secured the highest number of logistics contracts in the Middle East due to significant investments, high consumer spending and rapid economic growth.

For 2015, logistics in the GCC region is expected to achieve a 6.9 per cent growth rate.

In line with the positive projections, Ramatan Exposition and Conference together with Riyadh Exhibitions Company (REC) are organising the second Trans 4 Saudi Arabia Exhibition.

This exhibition and forum for railways, metro, stations, buses, contracting and services takes place January 25-28, 2015, at Riyadh International Convention and Exhibition Center (RICEC).

The four-day event will showcase a wealth of current and upcoming opportunities in GCC, covering air freight; integrated transportation modes; courier services; air, land and sea transportation; combined transportation systems; electronic data interchange systems; Enterprise Resource Planning (ERP) systems; e-services; distribution services; free zone equipment and services; and insurance companies and services..

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