Saudi Arabia has unveiled a master plan aimed at enhancing the kingdom s status to a leading investment and a global logistical hub. It involves the development of 59 logistics centres over a 100 million sq m area, including 12 in Riyadh, said a report.
Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Supreme Committee for Transport and Logistics, has launched the Master Plan for Logistics Centers, which aims to develop the infrastructure of the Kingdom’s logistical sector, diversify the local economy, and enhance the status of Saudi Arabia as a leading investment destination and a global logistical hub.
Saudi Arabia has launched the Master Plan for Logistics Centres, that is mainly aimed at developing the infrastructure of the kingdom’s logistical sector as well as greatly enhancing the status of KSA as a leading investment and a global logistical hub.
Saudi-based Retal Urban Development Company has joined hands with National Housing for the launch of its first residential project, Nesaj Sadayem, in Jeddah featuring more than 320 housing units within the 98,000-sq-m Sadaym suburb development.