Saudi Arabia unveils incentives to attract supply chain investment

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Saudi Arabia unveils incentives to attract supply chain investment
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23 October 2022 - 22:41Saudi Crown Prince Mohammed bin Salman speaks at a gathering in Riyadh, Saudi Arabia, October 24 2018. Picture: BANDAR ALGALOUD/HANDOUT/SAUDI ROYAL COURT/REUTERSlaunched an initiative to attract investments in supply chains to and from the kingdom, with an aim of raising an initial 40-billion riyals .

The latest supply chain initiative includes establishing a number of special economic zones, said a statement on SPA that also referred to ongoing “legislative and procedural” reforms”. Prince Mohammed’s Vision 2030 plan aims to modernise Saudi Arabia and wean its economy off oil revenues.

 

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