The Saudi supply chain initiative will leverage the kingdom’s resources, infrastructure, and location to bring greater resilience to economies and companies across Europe, the Americas, and Asia, while further enhancing Saudi Arabia’s position in the global economy.

Saudi Arabia’s Crown Prince and Prime Minister, HRH Prince Mohammed bin Salman launched on Sunday the Global Supply Chain Resilience Initiative to attract $10.64 billion (SAR 40 billion) investments to the kingdom’s supply chain sector, in line with the Saudi Vision 2030 programme objectives to position the country as a leading logistics and supply chain hub.