Saudi Arabia, Riyadh
January 20, 2019 - January 23, 2019
Logistics, transporting, Infrastructure development
International Exhibition for Rail, Metro Lines, Urban Transportation, Logistics and Freight
Rail – The future of transportation in the Kingdom
Saudi Arabia is committed to an unprecedented nationwide program of expansion to its transportation infrastructure, with the creation of one of the world’s most ophisticated rail and metro networks as the backbone of this ground breaking vision.
An integral part of the Kingdom’s much wider USD 500 billion bid to expand and diversify its economy by 2020 through widespread development projects in the industrial base and social welfare, transport infrastructure and particularly a transformation of the country’s existing rail network have become a national priority.
As well as meeting rapidly rising passenger requirements, an emphasis on freight and connecting major ports and industrial centres will provide a vital impetus for regional economic development. More ambitious still, the Saudi network, incorporating the laying of a projected 7,000 Km of track and including a new east-west rail corridor and light rail and metro schemes in Makkah and Riyadh, will also form the biggest component part of the GCC-wide rail system,
planned for completion by 2030.
Strategic plan for expansion
Saudi Arabia’s Railway Master Plan requires uSD 97 billion to be invested by 2040. A 2,750 Km track will run from Riyadh to the Jordanian border, and an USD 7 billion East-West track is already underway. Urban areas are a major focus, with a uSD 16.5 billion public transport system for Maccah underway, including a four-line metro. The capital, Riyadh, is to have the world’s largest public transport system under development, with USD 22.5 billion in contracts already awarded for the city’s six-line, 176 Km long metro.
Logistics and Transport infrastructure - The Kingdom's multi-billion dollar enabler for growth and diversification
Saudi Arabia has embarked on a massive nationwide program of investment in order to expand and diversify its economy within the current decade. Key to that diversification is the Kingdom’s bid to position itself not only as a regional, but a world leading transport and logistics hub. Of the colossal USD 500 billion national development budget committed up until 2020, an estimated fifth has been earmarked for the realization of a modern, sophisticated and
reliable multi-modal logistics and transportation system.
For the Arab world’s biggest economy to capitalize on the rapid success it has seen in recent years with the boosting of domestic sectors such as energy, manufacturing, engineering, chemicals, plastics, construction materials, electronics, real estate, finance, retail and FMCG and on the resulting surge in foreign exports, its road, rail, air and coastal infrastructure must not only keep pace, but act as a dynamic catalyst for continued growth. The vastly improved capabilities in supply chain management, operating efficiencies, speed to market and enhanced product and service
quality to result from the massive transport and logistics investment being made will spur further economic development and opportunities.