Transport and Logistics

Shaping the Future of Saudi Arabia's Transport and Logistics Sector

PIF is actively advancing Saudi Arabia's goal to become a global transport and logistics hub as part of Vision 2030. PIF's initiatives include investing in port operations, aiming to increase cargo handling capacity by approximately. These efforts are part of a broader strategy to diversify the economy, reduce oil dependency, and position Saudi Arabia as a central logistics hub connecting Asia, Europe, and Africa.

Opportunities

Saudi Arabia has the potential to become a competitive trans-regional global logistics hub for air, sea, and land logistics, leveraging its unique geographic location and tapping into globalized supply chains through the Red Sea
A doubling of visitor traffic, in line with national tourism aspirations, will introduce new major projects across Saudi Arabia
Saudi Arabia's objectives in this sector are to increase export, re-export, and domestic cargo volumes

Progress

Outcomes through supporting portfolio companies in achieving their business objectives by

Saudi Global Ports handled over 4 million TEUs in 2024 at King Abdulaziz Port and Riyadh Dry Port.
Saudi Global Ports is building a 1 million square meter integrated logistics park at King Abdulaziz Port.
Red Sea Gateway Terminal handled 3 million TEUs in Jeddah Islamic Port in 2024.
RSGT Bangladesh: Signed a 22-year deal for Patenga Container Terminal with a 500,000 TEU capacity.
Bahri-Tasaru-Mosolof JV launched an automotive logistics joint venture.
Bahri expands its fleet with VLCC acquisition, strengthening Saudi Arabia’s global energy logistics capacity.
Folk Maritime has expanded its fleet to 8 vessels with the addition of three Saudi-flagged ships, boosting service capacity across the Red Sea, Arabian Gulf, and Indian subcontinent.

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