How Saudi SEZs and Logistics Hubs are Transforming Trade 🔆 Special Economic Zones (SEZs) and logistics centers are essential elements in achieving the integration of different logistics sectors. They contribute to reducing shipping costs and improving logistics efficiency. Among these zones, King Abdullah Economic City, #Jazan, and #RasAlKhair stand out, playing a pivotal role in providing value-added services such as storage, repackaging, and re-exporting. 🔆 Saudi Arabia aims to be among the top ten countries in logistics performance by developing infrastructure and establishing new SEZs near airports and ports. For instance. 🔆 The SEZ in #Riyadh has seen demand exceeding the available land space, reflecting significant interest from global and local companies to invest there. Notable global companies that have invested in the Riyadh SEZ include #Apple, #Shein, #iHerb, #Boeing, #Microsoft, and #HKConnection. These efforts aim to increase trade volume, both in imports and exports, and enhance Saudi Arabia's competitiveness regionally and globally. 🔆 Jazan Port plays a crucial role in achieving these goals as a major gateway for trade with #Africa. The presence of an SEZ adjacent to Jazan Port attracts global industries, particularly Chinese companies like the "Hutchison Ports Jazan" operated by Hong Kong-based Hutchison Ports Whampoa. Instead of shipping raw materials to #China for manufacturing and then re-exporting, manufacturing is now just a step away from Africa, at a port on an international shipping route, centrally located between continents. These companies import raw materials from #Africa and then process them in the SEZ, enhancing the kingdom’s manufacturing sector and increasing its ability to re-export products. This enhances Saudi Arabia's bargaining power and contributes to sustainable economic development. 🔅The expected impact of these efforts includes creating new job opportunities and increasing local revenue. Attracting global companies to operate in SEZs will lead to technology transfer and the development of local skills, enhancing the competitiveness of the Saudi workforce in the global market. 💡 These SEZs are not just about reducing costs; they are a soft power tool that boosts Saudi Arabia's standing on the international stage. By attracting global companies and establishing factories in these zones, Saudi Arabia's negotiating power increases, and sustainable economic development is achieved. 💡 There is no doubt that these efforts reflect the kingdom's commitment to achieving Vision 2030, where SEZs and logistics centers play a crucial role in realizing this ambitious vision." #SaudiArabia #Vision2030 #Logistics #Trade #SpecialEconomicZones #Economy
Very informative...Saudi Arabia is really making moves with its SEZs and logistics hubs like King Abdullah Economic City and Jazan. They're not just cutting costs; they're boosting trade efficiency big time. With companies like Apple and Boeing investing in places like Riyadh, and with Jazan Port becoming a key hub for trade with Africa, Saudi Arabia's really stepping up its global logistics game. It's all part of Vision 2030, aimed at diversifying the economy and making a lasting impact on the world stage.
Chafic Kharma
5mo
We've seen a surge in interest from numerous companies regarding the transformative potential of Saudi SEZs. These zones, such as those in King Abdullah Economic City and Jazan, are reshaping trade dynamics and attracting significant global investment. We're excited to support these businesses in leveraging the benefits of Saudi Arabia's evolving logistics landscape.
Xiaoyan Zheng
5mo
Saudi Arabia's strategic development of Special Economic Zones and logistics hubs exemplifies a visionary approach to enhancing global trade and economic sustainability. The impressive integration of global industries and infrastructure improvements, particularly in hubs like Jazan and Riyadh, not only boosts the nation's competitive edge but also significantly contributes to the realization of Vision 2030.
Nand Pippal
5mo
Marvelously weaving economic marvels, Saudi's SEZs like King Abdullah Economic City dazzle with logistical prowess! Riyadh's SEZ, a magnet for global giants, heralds Saudi Arabia's logistical ascendancy. Truly, a logistical symphony in progress!. Super liked .
N.L Vikram
5mo
Good day, My name is Vikram and I represent Cliff Group. Cliff Automation & Controls specializes in manufacturing and supplying valves. Cliff Industries is involved in special process machining, fasteners, flanges, and more. Would you be able to provide me with your email address so that I can share our company profile with you? Thank you.
R. Iwan B. Arta
4mo
Just a short idea... In order to cater broader market in MENA and European countries, Saudi's SEZ must be fully developed with strong supports on logistic, transportation, manufacturing, product development, and so on.
I inderstan regulasi about KEK .miaybe. i can handel kek in indonesia. Kek logistik.shipysrd.hospital.tourisme.hotel. i expice work several year in customs and exice indonesia
Dominique Bastin
5mo
I'll keep this in mind
Hadisur Rahman
5mo
Saudi Arabia's SEZs and logistics hubs are revolutionizing trade, enhancing efficiency, and driving economic growth. Key players like King Abdullah Economic City and Jazan Port are central to this transformation. Exciting times ahead for the logistics sector! Mohammed AlQahtani #SaudiArabia #Vision2030 #Logistics
--
5moVery informative and crystal clear and according to vision 2030 plan. But I still feel Saudi Arabia should plan to invest in shipping business , there are two Saudi flag carrier 1-Bahri Logistics & 2- Folk Maritime , due to recent disruption in supply chain process Saudi Arabia demand has been increased and since it has strategic locations you're widely open to the world to invest as the ROI is good plus govt will also support this. Imagine till 2030 Warehousing business will be 30$B and there'll be a flood of opportunities. GOVT is seeking to make this region as Global Logistics hub under the patronage of H.E MBS. It's imperative to say good bye to those region where there are security issues and Saudi Arabia is the safest country in the world.