Saudi Arabia plans to stage a series of roadshows within the next 12 to 18 months because it seeks to persuade the likes of Amazon.com Inc., Alibaba Personnel Holding Ltd. and Deutsche Post AG’s DHL to abet scale up air cargo and distribution operations.
The Mideast nation will invite deepest companies to put partnerships and dwelling up freight-forwarding and warehousing actions, Mohammed Fahad Alkhuraisi, vice chairman for technique on the Saudi Usual Authority of Civil Aviation, mentioned in an interview Wednesday.
The frenzy into air cargo and logistics goals to protect terminate the amount of freight handled to 4.5 million tons yearly by the tip of the decade as a part of a $100 billion opinion to originate bigger aviation per the Imaginative and prescient 2030 strategy of overhauling the Saudi economy and cutting again its reliance on oil.
The nation is expanding its airport infrastructure and setting up a up to date passenger airline within the Saudi capital Riyadh, preparations for which are “progressing very properly,” Alkhuraisi mentioned on the Farnborough World Airshow southwest of London.
As a part of the opinion, the GACA is taking a leer to coordinate with carriers to originate particular that “the final characterize makes sense,” he mentioned, with discounters Flynas and Flyadeal working short-haul companies and flag-carrier Saudia serving long-haul, pilgrimage and Red Sea tourism markets from its hub in Jeddah.