Saudi Arabia hosts debut logistics forum to showcase investment opportunities

The General Authority of Civil Aviation (GACA) hosted an introductory forum in Riyadh in order to present the logistics investments and opportunities in Saudi Arabia to the local and foreign companies and investors.

The forum, held under the patronage of the President of GACA, HE Abdulhadi Al- Mansouri, showed how promising the logistics sector is, as it enables the partnership with the government and creates an appealing modern work environment by facilitating all the procedures.

The forum also called out for all the interested parties to optimize the wide Saudi logistics network and the massive cargo traffic, the Ministry of Transport said in a statement.

“At this stage, we are forming the cornerstone in the process of stimulating the logistics sector in Saudi Arabia and the issuance of the regulations for its establishment,” HE Al-Mansouri said.

“Stressing the efforts of the Logistics Committee supported by all government sectors and in all aspects to make these projects a global exemplary model,” he added.

GACA is in the process of launching several promising projects to revive the sector, one of which is the first logistics area, the Integrated Logistics Bonded Zone (ILBZ) at King Khalid International Airport in Riyadh, and more areas to come in the near future.