At the inaugural Global Logistics Forum, Minister of Investment Khalid Al-Falih announced that four Saudi airports will be opened for private sector management in 2025.

He stated that Saudi Arabia is set to become one of the world’s largest producers of green energy. Additionally, he emphasized the importance of regionalizing supply chains, with plans to establish centers for logistics supply chains in the kingdom.

“I am happy to see the signing of something important, which is the development of maritime communication between Saudi Arabia and Egypt, and the United Arab Emirates and Oman are with us. We can necessarily form a single network, and the Gulf Railway Grid will be an addition to what already exists,” said Al-Falih, adding that there are 30 ports that constitute 80% of transportation.

Al-Falih stressed that demand for ports will increase, highlighting the importance of transitioning to clean energy and preparing transportation systems accordingly.

The forum addressed topics related to global trade, the latest technological advancements in the logistics sector, environmentally friendly technologies, infrastructure investments, and the challenges and opportunities facing the industry.

Meanwhile, at the forum, the Saudi Ministry of Transport and Logistics signed a Memorandum of Understanding with the Egyptian Ministry of Transport to collaborate in maritime transport research.