HE the Saudi Arabian Minister of Transport and Logistic Services, Eng. Saleh Bin Nasser Al-Jasser, recently inaugurated the 6th Supply Chains Conference 2024 in Riyadh.
“The sixth edition of the Supply Chain Conference comes in light of the prosperity and great growth witnessed by the logistic services sector and the supply chain movement in the Kingdom, thanks to the unlimited support that the transportation and logistics services system receives from the Government,” stated HE the Minister.
“The Kingdom of Saudi Arabia has maintained its readiness in global supply chains through the significant development witnessed by the logistics sector, which has played a major and distinctive role during the challenges and crises that the world has witnessed and is witnessing in multiple places,” he added.
Investment
Thirty new shipping lines was added since the beginning of 2024, which reflects the Kingdom’s major role in facilitating the movement of global trade and supporting the logistics services sector, noting that the launch of the general plan for additional logistics centres. The Government is also expected to invest over SAR 10bn (US$ 266mn) in logistics infrastructure and ports.
The conference also witnessed the signing of 86 agreements on the sidelines of its activities, with the aim of enhancing the performance of supply chains. The conference included 12 keynote lectures, an accompanying exhibition that included 65 international and local companies in addition to 8 specialized workshops.
It also featured an entrepreneurship corner, and an innovation corner that includes technologies such as the launch of a solar-powered car, and unified platforms used by e-commerce business owners and retailers to deliver shipments.
