Saudi Minister of Transport and Logistics Services Eng. Saleh bin Nasser Al-Jasser said the transportation and logistics services sector in the Kingdom is undergoing significant global and regional changes.
Eng. Al-Jasser said these transformations are driven by technology, accelerated digitalization, and the utilization of big data and artificial intelligence.
He noted that the goal is to enhance performance efficiency and bolster the transportation and logistics sector's role in achieving sustainable development and supporting national economies, SPA reported.
This came during Al-Jasser's speech at the fifth edition of the Smart Transport, Logistics, Infrastructure, and Traffic Fair and Forum for the Middle East and Africa Region (TransMEA 2023), which was inaugurated by Egyptian Prime Minister, Dr. Mostafa Madbouly, in Cairo on Sunday.
The event saw the presence of the Saudi Ambassador to the Arab Republic of Egypt, Osama bin Ahmed Nugali, and witnessed the participation of Arab transport ministers and high-ranking representatives from 300 companies spanning 50 countries.
In his address, Al-Jasser emphasized that to attain this objective, it is essential to stay in step with the swift transformations occurring in the services and economies of this strategic sector. This, he said, necessitates a comprehensive set of structural reforms and institutional changes aimed at increasing sector efficiency and bolstering its developmental role.
The minister stated that Saudi Arabia is experiencing a rapid development renaissance across various domains, under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and the Crown Prince.
He also highlighted the Saudi Vision 2030 which aims at establishing the country as a global logistics hub to diversify the economy and enhance the quality of life in Saudi cities.