The World Economic Forum’s 2018 Global Competitiveness Report published last Oct. 17 revealed that Saudi Arabia’s Global Competitiveness Index (GCI) improved by two rankings compared to last year, placing the Kingdom in the 39th position among 140 countries included in the report.

Driven by its commitments to achieve the ambitious goals set out in Saudi Arabia’s Vision 2030, Saudi Customs has launched and implemented various initiatives that adopts and implements groundbreaking technologies and innovative practices that aim at enhancing the business environment, increase the competitiveness of the Saudi market, and attract international investment in cooperation with its partners.

Ahmed Alhakbani, Governor of Saudi Customs, said Saudi Customs transformation journey had a positive impact in raising the Kingdom’s GCI ranking for the first time since 2012. Customs Strategy included 41 initiatives that cover the pillars of Customs’ work across all land, sea, and air ports.