Cargo Breaking News
In a bid to make Saudi Arabia a global transportation and logistics hub, the country will invest over 500 billion riyals ($133.34 billion) in airports, sea ports, rail and other infrastructure by 2030, informed the transport minister.
Crown Prince Mohammed bin Salman announced a transport and logistics drive, details of which have been partially released publicly, last Tuesday.
Minister of Transport and Logistic Services Saleh bin Nasser said that the strategy included many mega projects, with over 500 billion riyals reserved for investment.
About 35% of that spending will come from the government and the rest from the private sector as officials launch a new international airline, expand airports, build a broader train network and explore new technologies, said the Transport Minister Saleh Al Jasser.
Breaking News
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- ‘Industry needs qualified personnel for Dangerous Goods Handling’
- Çelebi India’s Delhi Cargo Terminal Successfully Handles Airbus H125 Helicopter Shipment
- CONCOR starts DPD rail freight movement at Jawaharlal Nehru Port
- ‘Rising logistics costs, fuel prices affecting revenue, innovation is key’
- MoU signed by QFZ, FedEx to build cargo facility, facilitate Asia-Europe trade
- ‘Hazard identification & risk assessment done regularly for chemical storage & handling’
- Employing tamper-proof packaging, safe transport & handling at cargo terminals crucial to ensure security’
- ‘DIAL conducts regular training programmes on handling dangerous goods’
- ‘Enhanced regulatory framework, tech integration, and collaboration vital to ensure safety’
- ‘Rise in e-com, pharma, perishables, express cargo driving growth’
