The Transport General Authority of Saudi Arabia has issued the first 32 logistic licenses to several international and local companies of small and medium enterprises (SMEs) in the private sector which have investments in the logistic services sector in the Kingdom.
Dr. Rumaih bin Muhammad Al Rumaih, President of the Transport General Authority, announced the issuance, emphasizing the importance of logistic licenses for the logistics and strategic Saudi sector, which is experiencing rapid growth and turnout.
The factors and elements driving logistic growth in Saudi Arabia include its central and strategic geographical location, its openness to international markets, and the growing demand and turnout for goods through eCommerce, all of which necessitated restructuring and organizing the logistics sectors in a way that meets the needs of the current era and the future.
The Transport General Authority stressed that licensing logistics activities includes all logistics services that were merged into one activity with the aim of facilitating procedures for investors and speeding up achievements in simple steps through the Naql (transport) e-gate on its website.
The license will contribute to attracting pioneering international investments specialized in the logistics sector and then increasing the competitiveness level of the sector, enhancing shipment options for beneficiaries, and enhancing Saudi Arabia’s presence and advancement.
The Saudi Global Ports (SGP) has announced a special 50 percent discount on handling fees for empty container imports at Dammam’s King Abdulaziz Port. SGP is constantly working with the Saudi Ports Authority (MAWANI) on improving Saudi Arabia’s seaports in order to create the Kingdom as a leading global logistics center connecting continents, which is closely aligned with the National Transport and Logistical Services Strategy.
