Foreign investors eye Saudi transport, logistics sector: Al-Falih

Khalid Al-Falih, Minister of Investment

Minister of Investment Khalid Al-Falih said investors are interested in Saudi Arabia’s transport and logistics sector, which will require substantial capital.

Speaking at the Global Logistics Forum in Riyadh, he noted the sector is valued at $3.8 trillion.

The Kingdom, according to the minister, is positioned as a linkage between East, West, North, and South. It is working to develop regional logistics hubs, with plans to accelerate connectivity soon.

He emphasized the sector’s importance due to its influence on other industries like manufacturing, agriculture, travel, tourism, and IT. Investors, especially those with large capital, are particularly keen on the transport and logistics sector.

The Saudi government is stepping back from business operations, Al-Falih pointed out, highlighting the necessity of transferring sectors to the private sector.

The most efficient airports and ports are run by private operators. The privatization process, including four airports, will continue in the coming months, the minister concluded.