Since the earliest days of human civilization, the region we call the Middle East has served as an important bridge between East and West. Saudi Crown Prince Mohammed bin Salman’s recently unveiled plan to turn Saudi Arabia into a logistics hub by 2030 will continue this legacy.
The plan is to build 59 logistics centres, covering 100 million square meters. The objective is to diversify the Saudi economy by acting as a trade connector between Asia, Europe, and Africa.
This development will affect trade worldwide. The initiative will open up new opportunities for North American businesses. It will enhance supply line resilience and minimize trade disruption. Canaan is proud to partner with Saudi Arabia through the Kanoo Group of companies.