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11 December, 2018

Saudi to build logistic zones at local airports

Projects are part of airport development plans

Image used for illustrative purpose. Global logistics network transportation, Map global logistics partnership connection of Container Cargo freight ship for Logistics Import Export background

Image used for illustrative purpose. Global logistics network transportation, Map global logistics partnership connection of Container Cargo freight ship for Logistics Import Export background

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11 December 2018
Saudi Arabia is planning to build logistic zones at its airports to facilitate trade and business within ongoing airport expansion projects, the Gulf Kingdom's Transport Minister was quoted on Tuesday as saying.

The world's largest oil exporter has already approved a project to build a logistic zone at King Khalid Airport in the capital Riyadh with the aim of expanding general business and import-export activity, Nabil Al-Amoudi said.

"Similar zones will be built at key airports in the Kingdom...we are working on new legislations governing the functions and work of these zones," Amoudi told the Arabic language daily Aliqtisadia.

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He said such projects are part of overall plans to re-develop 12 airports in Saudi Arabia, including partial privatisations.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)


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