Categories: Business

Investments in Saudi logistics sector touch $559m, says Modon official


Sun, 2023-04-02 15:32

RIYADH: Saudi Arabia’s logistics sector has seen unprecedented growth in recent years, with the volume of investment currently reaching SR2.1 billion ($559 million), revealed a top official. 

The investment was facilitated by as many as 208 logistical contracts and leased areas measuring to 3.2 million sq. m, under the Saudi Authority for Industrial Cities and Technology Zones, said Abdul Rahman Al-Askar, the director of its industrial production unit. 

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