Saudi Arabia to launch new logistics zone in Jeddah, open to private investors - statement
- Country:
- Saudi Arabia
Saudi Arabia plans to launch a new logistics zone open to private investors, in the Red Sea port city of Jeddah, according to a transport ministry statement on Sunday.
The new zone will be located in al-Khomra, the statement said. It aims to boost the logistics sector to help diversify the kingdom's economy away from oil.
Jeddah is home to one of the kingdom's largest ports.
Also Read: Fire breaks out at train station in Saudi city of Jeddah
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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