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...
Transport
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Articles & Analysis | Saudi Arabia initiating transport infrastructure upgrades as international travel increases from The Report: Saudi Arabia 2022
Interviews & Viewpoints | Faisal Saad Albedah, Managing Director and CEO, SAL Saudi Logistics Services: Interview from The Report: Saudi Arabia 2022
In what ways can the private sector contribute to establishing Saudi Arabia as a logistics centre linking three continents, in support of Vision 2030?
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 involve a...
Saudi Arabia has undergone significant reforms to foster growth and diversification. While some initiatives were delayed during the Covid-19 pandemic, progress in areas such as the digital economy accelerated. Aided by elevated oil prices in 2022, strategies underlined in Vision 2030 continue moving forwards, and the Kingdom today presents ample opportunities for foreign investors, underpinned by efforts to boost private sector participation in the economy.
Articles & Analysis | How do shipping trends lead to a competitive maritime transport market from The Report: Cote d'Ivoire 2022
According to the US International Trade Commission, in the decade to 2018 container trade in West Africa grew more than in any other region around the world, doubling over the period to more than 5m twenty-foot equivalent units (TEUs). Côte d’Ivoire has seen its share of this boom, with the number of container ships calling at the country...
Articles & Analysis | Investment opportunities in Côte d’Ivoire’s transport sector from The Report: Cote d'Ivoire 2022
Recovering at pace from the global Covid-19 pandemic, Côte d’Ivoire’s transport and logistics sectors are now set to benefit from a wide range of new projects – from ports to airports and railways to motorways. The National Development Plan (Plan National de Développement, PND) 2021-25 seeks to almost double the level of economic investment outlined in its predecessor, the PND...