Saudi Crown Prince Mohammed bin Salman has announced the Global Supply Chain Initiative.
According to the Saudi Press Agency, the announcement of the Global Supply Chain Initiative will make Saudi Arabia an important supply chain country in the world.
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"With this initiative, investors from different sectors will get an opportunity to develop, while Saudi Arabia will be recognized as a global supply chain in front of the world."
The initiative will have positive effects in the economy of Saudi Arabia, while by 2030, Saudi Arabia will have an important position among the 15 countries with the strongest economies in the world.
The Global Supply Chain Initiative is a program of Saudi Arabia's National Investment Strategy that was launched in October 2021.
The initiative aims to make Saudi Arabia a hub for supply chain investors.
To this end, the Global Supply Chain Initiative will identify and develop new supply chain investment opportunities in the Kingdom and present them to potential investors.
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