According to the Ministry of Commerce, there was a 28% increase in commercial registrations in this sector in the region.
Specifically, the number of commercial registrations for transportation and sea freight reached 397 by the end of the third quarter in 2023, compared to 310 at the same time in 2022. This growth reflects a positive trend in the transportation and logistics sector in the Eastern Province.
Transportation and sea freight activities are crucial components of Saudi Arabia's Vision 2030, which aims to strengthen the Kingdom's position as a global logistics hub.
The increase in commercial registrations indicates progress and expansion in this sector, aligning with the broader economic goals of the country's vision for the future.