Smart Ports & Logistics Transformation Summit KSA 2024

The Kingdom of Saudi Arabia is embarking on a significant evolution in its maritime logistics landscape, propelled by the integration of cutting-edge technologies that herald the advent of Smart Ports. This transformative initiative, Smart Ports & Logistics Transformation Summit KSA 2024 is emblematic of Saudi Arabia’s strategic commitment to economic diversification, modernization, and technological advancement.

As one of the world’s foremost maritime trading nations with trade valuations exceeding USD 500 billion, Saudi Arabia relies heavily on its ports, which facilitate over 90% of its imports and exports. The Saudi Freight and Logistics Market, estimated at over $24 billion in 2024, is poised for robust growth, projected to reach $32.88 billion by 2029 at a compound annual growth rate (CAGR) of 5.52%.

The Saudi Ports Authority has reported significant positive trends in container traffic, volumes, transhipment, and passenger traffic throughout 2023, with expectations of continued growth through 2024-25. This underscores the nation’s pivotal role in regional and global trade dynamics.

Against this backdrop, the Smart Ports & Logistics Transformation Summit KSA 2024 emerges as a landmark event. Scheduled for October 21st & 22nd, 2024, in Riyadh, the summit aims to convene industry leaders, policymakers, and technology innovators for a comprehensive dialogue on strategies, innovations, and technologies crucial to realizing the ambitious goals of KSA Vision 2030. Riyadh, a bustling metropolis and the chosen venue, symbolizes Saudi Arabia’s aspirations to emerge as a leading logistics hub in the MENA region.

The summit promises to be a catalyst for groundbreaking discussions and partnerships that will shape the future of maritime logistics in Saudi Arabia, paving the way for sustainable growth, enhanced efficiency, and unparalleled opportunities in the global trade ecosystem.

Date: 21-22 October 2024
Venue:  Riyadh Marriott Hotel
For further information visit: Event Website
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