In a bid to bolster exports and position itself as a leading logistics hub, Saudi Arabia has unveiled 15 new incentives under its Authorized Economic Operator (AEO) program. Announced by the Ministry of Industry and Mineral Resources, the package includes key administrative benefits such as dedicated liaison officers and streamlined processes for investors. Companies will also benefit from long-term industrial land leases of up to 30 years, as well as the “Custom Factory on Demand” service.

This initiative builds on a recent $2.66 billion allocation for industrial sector incentives, approved by the Saudi Cabinet last December. The new measures prioritize investors by offering expedited processing, access to pre-developed industrial lands, and preferential eligibility for incentives from the Saudi Export Development Authority.

Financial support of up to 75% of project costs is available through the Saudi Industrial Development Fund (SIDF), which also offers extended repayment terms of up to 20 years, grace periods of up to 36 months, and access to advisory services and training programs through its industrial academy.

The AEO program, launched by the Zakat, Tax, and Customs Authority (ZATCA) and now a national initiative involving 15 government entities, aligns with international trade standards used by over 80 countries. It aims to simplify trade, improve supply chain efficiency, and attract both local and foreign investment, particularly benefiting small and medium-sized enterprises (SMEs).