Saudi Arabia Transport

Displaying 1 - 6 of 30

Saudi Arabia’s transport and logistics sector encompasses a broad range of active facilities and routes. Given the Kingdom’s position between Europe and Asia and its central role in the global energy market, as well as the current importance of imported goods for meeting basic consumer demand, transport and logistics are crucial to the economy. Plans for the sector’s future...

As environmental concerns become increasingly pressing for governments and businesses alike, the shipping industry is taking steps to reduce its carbon footprint. In August 2021 Danish shipping company Maersk, the world’s largest container shipping line, announced that it had invested $1.4bn in eight new vessels to be powered by methanol, rather than oil-based fuels. The ships...

Following delays, the long-awaited GCC Railway looks likely to be revitalised – a move that could transform trade and connectivity across the Gulf. The project was given a significant boost in December 2021 when leaders of the six GCC countries approved the establishment of the GCC Railways Authority, the body that is expected to oversee the ongoing coordination of the project...

By 2030 Saudi Arabia is seeking to attract 100m domestic and international tourists per annum as part of wider efforts to diversify economic growth away from hydrocarbons (see Tourism chapter). This target represents a significant increase in inbound visitors and internal movement within the Kingdom for leisure purposes, and will necessitate upgrades and expansion to transport...

 

The Kingdom’s rail network has made major strides in recent years, opening up new passenger stations and lines for residents and pilgrims, while also moving tonnes of freight off the road and onto track. Investment in rail infrastructure is set to continue with Saudi Arabia’s contribution to the Gulf Railway, also called the GCC Railway, and...

 

The transport and logistics sector in Saudi Arabia has been targeted for key milestones, in accordance with Vision 2030, the Kingdom’s ambitious development plan to diversify the economy, grow the non-oil sector and leverage the country’s traditional position as a crossroads for international trade. While the Covid-19 pandemic is expected to...

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart