RIYADH: Saudi Arabia’s logistics sector has seen unprecedented growth in recent years, with the volume of investment currently reaching SR2.1 billion ($559 million), revealed a top official. The investment was facilitated by as many as 208 logistical contracts and leased areas measuring to 3.2 million sq. m, under the Saudi Authority for Industrial Cities and Technology Zones,
Ali Al-Omeir, executive vice president of business development of the Saudi Authority for Industrial Cities and Technology Zones, known as Modon, signed agreements worth SR10 million ($2.6 million) for the establishment of three new entrepreneurial projects, on the sidelines of Biban 2023. Modon participated in the Kingdom’s flagship SME forum between March 9-13, where it