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Gulf Traffic: What is the growth in the transportation sector in the Kingdom of Saudi Arabia?
Yasser Abdulaziz: More than SR400 billion has been invested in transport infrastructure over the last 10 years, resulting in a robust transport network covering all parts of the Kingdom in various modes of transport. Significant additional investments have been made in the railway sector.
The performance of the transport sector is very good in several operational dimensions, but the sector still faces a few challenges.To achieve the aspirations of the Kingdom's Vision 2030, investments are required in the transport network and improvements are needed to raise efficiency. The revenues of some of these investments will be strategic rather than financial, especially with regards to railways.
In line with these visionary aspirations, preparations are being made to develop the national transport and logistics strategy (such as the national tourism strategy, megaprojects strategies, tourism seasons, etc.). The national transport and logistics strategy should be flexible with these variables and should be given the priority to implement important infrastructure projects.The strategy should take into account innovative technologies, trends, and digital transformation when planning the future of the sector.
Gulf Traffic: What are the most important decisions that have been taken to develop the local transport system in accordance with the Kingdom’s Vision 2030, and how does the global sector benefit from it?
Yasser Abdulaziz: Non-oil government revenue is expected to increase manifold as financial sustainability will be enhanced through efficient provisions and preservation of assets as well as by increasing the private sector participation in asset development and operation.
Gulf Traffic: What are the departments of the Ministry that constitute the biggest concern?
Yasser Abdulaziz: The Ministry gives special attention to several departments, including those related to maintenance and safety, survey and evaluation management, and emergency and disaster management.
Gulf Traffic: Can you give us a glimpse into your participation in Gulf Traffic this year?
Preparations are being made to develop the national transport and logistics strategy. As far as partnership is concerned, the private sector participation in the delivery and operation of transport assets is going to be increased to 16% by 2030. The Ministry has partnered with private and government agencies to launch traffic awareness campaigns. In the future also many such awareness drives have been planned.