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A THRIVING ECONOMY..
LEVERAGING ITS UNIQUE POSITION
SAUDI ARABIA IS RIGHT AT THE
CROSSROADS OF IMPORTANT
INTERNATIONAL TRADE ROUTES,
BETWEEN THREE CONTINENTS: ASIA,
EUROPE AND AFRICA. WE WILL
THEREFORE MAXIMIZE THE BENEFITS
FROM OUR EXCEPTIONAL AND
STRATEGIC GEOGRAPHIC POSITION,
AGREE NEW STRATEGIC
PARTNERSHIPS TO GROW OUR
BUILDING A UNIQUE
REGIONAL
LOGISTICAL HUB
INTEGRATING
REGIONALLY AND
INTERNATIONALLY
We have already invested heavily in the construction of
ports, railways, roads and airports.To take full advantage
of these investments, we plan to work with the private
sector and enter into a new series of international
partnerships to complete, improve and link our
infrastructure internally and across borders. We will also
unlock our “hard” infrastructure with systems that can
drive higher performance, including more rigorous
governance, leaner processes and a more efficient
customs system. We will improve and implement
existing laws and regulations. Air, maritime, and other
transport operators will be encouraged to make the
most of their capacity: achieving durable links between
existing trade hubs, as well as opening new trade
routes. This will reinforce our position as a distinctive
logistical gateway to the three continents.
With a GDP of SAR 2.4 trillion, our economy is
already the largest in the Middle East. We enjoy
close economic ties with the Gulf Cooperation
Council and other Arab countries, as well as
constructive relations with Islamic and foreign
countries. We will seek to establish new business
partnerships and facilitate a smoother flow of
goods, people and capital.
Among our top priorities is to fortify and extend our
interconnectivity and economic integration with
other Gulf Cooperation Council countries. We will
strive to complete the process of implementing the
GCC common market, unifying customs, economic
and legal policies, and constructing shared road and
railway networks.
We will seek to effectively link with other countries
in the region, through enhanced logistics services
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