KSA Launches Trade Link Project that Connects Saudi Airports, Seaports
Business
Riyadh – Asharq Al-Awsat
Saudi Arabia announced government cooperation to launch a mega project which will transform the Kingdom into an international logistical hub, despite the continued repercussions of the new coronavirus pandemic. This will be made possible by establishing commercial transit corridors that connect Saudi ports and airports to accelerate the flow of freight and international re-exports. In a first step of its kind and in partnership with the relevant government sectors, the Saudi Ports Authority announced the introduction of commercial routes linking the Kingdom of Saudi Arabia’s ports and airports to transport and re-export goods internationally to make the Kingdom a global logistics center and a link hub between the three continents of Asia, Europe and Africa. Through this effective linking, the Jeddah Islamic Port’s deposit and re-export zone of the strategic partner and operator of the zone, LogiPoint Company, which is the first and largest of its kind in Saudi Arabia, with an area of one million square meters, succeeded in receiving a cargo of marine goods and then re-shipping it through King Abdulaziz International Airport to its final destination in the Netherlands. Meanwhile, King Abdulaziz Port succeeded in the first process of transporting and clearing containers from King Abdulaziz Port to King Fahd International Airport in cooperation with the General Customs Authority, through the use of the routes between the deposit zones. This step aims to reduce shipping costs, speed delivery and enhance competitiveness in the Kingdom through this linking, which makes the cities of Jeddah and Dammam a logistical hub for shipping goods to all parts of the world in the near future and as soon as possible.
from Asharq AL-awsat https://english.aawsat.com/home/article/2299736/ksa-launches-trade-link-project-connects-saudi-airports-seaports
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