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KSA-Sino Logistics SEZ Transforms Riyadh

New economic zone to boost Saudi Arabia's global logistics role.

by Huda Marshad
October 14, 2024
in Logistics
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A new logistics special economic zone (SEZ) is set to be developed at King Salman International Airport in Riyadh, thanks to a collaboration between ewpartners and King Salman International Airport Development Company (KSIADC). This initiative aims to transform Saudi Arabia into a global logistics hub, enhancing trade connections with China and Asia.

Announced at the Global Logistics Forum 2024, the “KSA-Sino Logistics Special Economic Zone” will be developed in four phases over 12 years, aligning with Saudi Arabia’s Vision 2030. The zone is expected to cover 4 square kilometers and will foster a comprehensive ecosystem, integrating logistics facilities, supply chains, and manufacturing.

Supported by the Ministry of Transport and Logistics, the SEZ is part of several initiatives to bolster supply chains and streamline trade and investment. Saleh bin Nasser Al-Jasser, the transport minister, emphasized the importance of such developments for achieving Vision 2030, with significant investments already underway.

The project will include a logistics and industrial park, an international commercial park, and living spaces, providing a hub for global businesses and enhancing Saudi Arabia’s attractiveness as an investment destination. Marco Mejia, acting CEO of KSIADC, highlighted the project’s role in establishing the airport as a leading logistics hub.

Jerry Li, founder of ewpartners, noted that the strategic location of King Salman International Airport as a gateway between Asia, Africa, and Europe would unlock significant potential for cross-border trade. The project is expected to attract numerous international companies, boosting local manufacturing and supporting the “Made in Saudi” program.

The SEZ aims to draw thousands of wholesalers, retailers, and light industrial manufacturers from China and Asia, facilitating expansion into other markets. With sustainability at its core, the airport is designed to achieve LEED Platinum certification, underscoring its commitment to green development.

Tags: Global tradeKing Salman AirportLEED CertificationSaudi LogisticsVision 2030
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