Saudi Arabia among the Most 5 Countries Oriented toward being transferred into a Logistics Services Center between 39 Nascent Markets

Within an International Questionnaire Launched in " Dafos Forum " with Participation of 330 Executive Managers .

The kingdom had achieved a new preeminence by exalting the future of its international economic growth , after announcing its name among the most five preeminent countries among 39 nascent economy in the world to be transferred into a logistic multi services center as a result of nominations of the majority of participants in an economic questionnaire that been done by participating of more than 330 executive managers around the world which had been announced during the opening of " Economical Dafos Forum " .
One of the specialized companies in the field of providing researches and analysis in the logistics industry internationally had provided this report which is comparing between 29 markets of the nascent markets and determining the main characteristics that make these markets an attractive market for investments.
The report mentioned that the coming wave will be for the rapidly growing economies which expected to be the centers of the new future trading in the industry of logistics services, and what it has of important and long term visions that its growth may not visible , especially that details related to markets exist in the list of logistics industry .
The report mentioned also that the nascent markets are plating an important role that gaining more importance in the strategies of the international providing series, while companies are looking toward the following options of the productions locations with less cost.
The report went into come of the important transportation centers in the Middle East; the most notable is the kingdom, which he said about it that it got a high place which makes it one of the promising investment markets for the logistics companies.
The person in charge for the report mentioned that the kingdom has a great increment in its total balance with existence of great improvement in its balance to harmonize its market which transcended the results of countries like Brazil and China. in addition to enhancing its industrial , financial and properties powers , where Saudi Arabia had formed an attractive factor for the direct and strong foreign investments ( FDI ) , which creates admiration , especially that most of countries had experienced decrement in the rate of foreign investments during the international economic crisis .
The report also indicated the kingdom as the biggest oil importer in the world, in addition to recently it is developing a new six industrial cities , the biggest one will be King Abdullah Industrial City where it will be the center of 2700 manufacturing companies when it being completed , then it will be one of the biggest five industrial ports around the world .
While internationally announcing the exalting the kingdom future in developing the logistics services , the authority of industrial cities and technical areas on the local level had emphasized the kingdom policy of proceeding in developing its local economy by signing an agreement for preparing a study about connecting the industrial cities by railways , and the usefulness of operating it in the operations of cargo , such study will be prepared by specialized company in the field of logistics services . the study includes the possibility of using the trains in land cargo from and to the industrial cities in the kingdom, and activation of the railways in the fields of cargo, and also transferring those products to the Saudi marine ports, to be exported outside through the dry ports, which give the industrial cities a competitive advantage that provide industrials a various logistics services in the field of cargo, transportation and export.