Smart Ports and Logistics Transformation Summit Saudi Arabia

The Kingdom of Saudi Arabia is witnessing a radical transformation in its approach to port operations and logistics services through the integration of the latest technologies, leading to the emergence of the smart ports concept. This transformative journey forms part of the nation's broader commitment to economic diversification, modernization, and technological advancement.

Saudi Arabia, one of the world's largest maritime trading nations with a value exceeding $500 billion, which transports over 90% of its imports and exports, is expected to undergo a significant transformation. The size of the Kingdom's shipping and logistics market is expected to exceed $24 billion in 2024, with a promising trajectory to reach $32.88 billion by 2029 at a compound annual growth rate of 5.52%.

The Saudi Ports Authority reported that container traffic, container volumes, transshipment, and passenger traffic recorded positive figures in 2023 compared to the previous year, and upward trends are expected to continue during the 2024-2025 period.

The Smart Ports and Logistics Transformation Summit Saudi Arabia 2024 is a unique two-day conference on October 21-22, 2024, in the vibrant city of Riyadh to discuss strategies, innovation, and vital technologies in achieving Saudi Arabia's Vision 2030 to become a logistics hub in the Middle East and North Africa region.