Saudi crown prince launches strategy for transport and logistics

Strategy aims to increase sector's contribution to GDP to 10% from 6%,

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Saudi Crown Prince Mohammed bin Salman.
Saudi Crown Prince Mohammed bin Salman.
AFP

Cairo: Saudi Crown Prince Mohammed bin Salman on Tuesday launched a national strategy for transport and logistics aimed at increasing the sector’s contribution to annual non-oil revenues to 45 billion riyals ($12 billion) by 2030, the state news agency (SPA) reported.

The strategy aims to increase the sector’s contribution to GDP to 10 per cent from 6 per cent, SPA added.

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