Saudi Arabia Transport

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Spurred on by strong demand for services, the government is planning to bolster and upgrade infrastructure capacity across all segments of the industry – from aviation to ports. With this financial backing, the Kingdom’s land, sea and air transportation networks are experiencing a complete transformation and, consequently, opportunities for new...

Chapter | Transport from The Report: Saudi Arabia 2013

Spurred on by strong demand for services, the government is planning to bolster and upgrade infrastructure capacity across all segments of the transport industry. Indeed, with a rising population and increasing trade volumes, the sector is poised for growth. The transport, storage and communications sector accounted for 7.7% of GDP in 2011 and is growing at a rate of 10.63% per year. Planned road...

With oil prices at sustained high levels and the government pushing ahead with a large-scale investment programme to upgrade infrastructure, address social issues and further diversification, Saudi Arabia’s economy is thriving. 

Should the Gulf of Hormuz be closed to shipping, Saudi Arabia has proposed that the Kingdom’s Red Sea ports could be utilised for freight trans-shipment. The recent rise in tension in the Gulf region is a result of Iran making a series of thinly veiled threats to close the strategic Strait of Hormuz in retaliation to a US-led tightening of sanctions against Tehran, including halting the country’s oil exports.
Saudi Arabia is embarking on a massive programme to boost its logistics and cargo-moving capacity as part of a much larger scheme to broaden the base of the economy and pave the way for future expansion.