Saudi logistics market set to continue strong growth trend

Research consultancy Solidiance has published a new white paper which states that the logistics market within the six GCC countries was worth US$47 billion last year and that Saudi Arabia, with a market size of $19bn, made up 43 percent of that. The Saudi market had grown by $1bn per year over the preceding two years and is set for much faster growth both as a result of its national transformation plan and the development of a borderless GCC customs union.

Saudi Arabia can become the logistics hub of the Gulf region, as it is already heavily reliant on imports and will need to ramp this up even further to meet its National Transformation Plan, according to this study

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