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Saudi Gazette report
RIYADH — Negotiations on the implementation of the land bridge initiative linking Riyadh and Jeddah have reached superior levels, the Nationwide Industrial Growth and Logistics Program (NIDLP) has revealed.
Chatting with Al-Eqtisadiah newspaper, NIDLP’s CEO Sulaiman Al-Mazrou acknowledged that negotiations with worldwide corporations that may perform the undertaking have been advancing.
He identified that work on the land bridge would start as soon as particulars within the settlement have been clarified and negotiations accomplished.
NIDLP additionally seeks, with the related authorities, to attach industrial cities with Saudi ports through railway.
The CEO indicated that the primary part of linking industrial cities to ports will embrace the second industrial metropolis in Dammam and the economic metropolis in Sudair.
Al-Mazrou famous that the NIDLP goals to develop logistics providers within the Kingdom by linking jap, western and northern Saudi Arabia with Riyadh.
As for the 59 logistics facilities affiliated with the grasp plan for logistics facilities introduced in August 2023 by thCrown Prince and Prime Minister Mohammed bin Salman with the goal of creating Saudi Arabia a worldwide logistical hub, Al-Mazrou mentioned NIDLP labored with related authorities businesses to finish 21 facilities to this point.
He added that work is now underway with regional authorities and the personal sector to ascertain 38 different logistics facilities, with the goal of finishing them by 2030.
Al-Mazrou indicated to Al-Eqtisadiah that there’s an intention to extend the variety of particular financial zones by working with the Financial Cities and Particular Zones Authority (ECZA).
Every particular zone has its personal specificity and serves the event of a selected sector, he mentioned.
What's your reaction about this news🥰𝙒𝙚 𝙝𝙤𝙥𝙚 𝙩𝙝𝙖𝙩 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚𝙙 𝙩𝙝𝙞𝙨 𝘼𝙧𝙩𝙞𝙘𝙡𝙚. 𝙋𝙡𝙚𝙖𝙨𝙚 𝙨𝙝𝙖𝙧𝙚 𝙞𝙩 𝙬𝙞𝙩𝙝 𝙮𝙤𝙪𝙧 𝙁𝙧𝙞𝙚𝙣𝙙𝙨 𝙖𝙣𝙙 𝙨𝙪𝙗𝙨𝙘𝙧𝙞𝙗𝙚 𝙩𝙤 𝙤𝙪𝙧 𝙬𝙚𝙗𝙨𝙞𝙩𝙚 𝙗𝙮 𝙘𝙡𝙞𝙘𝙠𝙞𝙣𝙜 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙚𝙡𝙡 𝙄𝙘𝙤𝙣 (𝙇𝙚𝙛𝙩 𝘽𝙤𝙩𝙩𝙤𝙢 𝙤𝙛 𝙩𝙝𝙞𝙨 𝙋𝙖𝙜𝙚) 𝙩𝙤 𝙧𝙚𝙘𝙚𝙞𝙫𝙚 𝙣𝙤𝙩𝙞𝙛𝙞𝙘𝙖𝙩𝙞𝙤𝙣𝙨 𝙛𝙤𝙧 𝙚𝙫𝙚𝙧𝙮 𝙏𝙧𝙚𝙣𝙙𝙞𝙣𝙜 𝙖𝙧𝙩𝙞𝙘𝙡𝙚.🥰
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