Saudi logistics sector expected to reach SAR 67.5 billion by 2015

Jan. 12, 2015 - PRLog -- Riyadh – January 12, 2015: The Kingdom of Saudi Arabia’s logistics sector is poised for further significant expansion in 2015. According to industry experts, the value of the local industry is expected to reach SAR 67.5 billion during this year.

Saudi Arabia’s thriving sector is reflective of the entire GCC’s flourishing industry. In 2013, GCC countries secured the biggest number of logistics contracts in the whole of the Middle East thanks largely to significant investments, high consumer spending and rapid economic growth. For 2015, logistics sector in the GCC region is expected to achieve a 6.9 per cent growth rate.

In line with the positive projections, Ramatan Exposition and Conference together with Riyadh Exhibitions Company (REC) are organizing the second Trans 4 Saudi Arabia Exhibition, a leading Saudi exhibition and forum for Railways, Metro, Stations, Buses, Contracting and Services, from January 25 to 28, 2015 at the Riyadh International Convention and Exhibition Center (RICEC). The event will showcase a wealth of current and future opportunities in the Kingdom and other GCC states. The show is a key initiative designed to help further the rapidly expanding local and regional sectors.

During the four-day event, an extensive array of the latest products, equipment, technologies, solutions and services from leading companies and biggest organizations will be put on display.  As the largest marketplace for transport, logistics and freight in the Kingdom, it will cover numerous areas including air freight, integrated transportation modes, courier services, air, land and sea transportation, combined transportation systems, electronic data interchange systems, Enterprise Resource Planning (ERP) systems, e-services, distribution services, free zone equipment and services, and insurance companies and services, among others.

The prestigious exhibition will serve as an ideal platform for industry peers to network with each other and explore business opportunities to boost the local and regional sectors. It will also offer key government decision makers, transportation bodies, port authorities and industry professionals the opportunity to announce initiatives, formulate strategies, discuss up-to-the-minute case studies and exchange information on global best practices.