Saudi Transport Ministry signs up to Gulf Traffic | Smart Highways Magazine: Industry News

Saudi Transport Ministry signs up to Gulf Traffic

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The Ministry of Transport Saudi Arabia has announced it will be attending and supporting Gulf Traffic 2018, taking place in Dubai this December.

Saudi Arabia’s transport infrastructure has been given high priority in its Vision 2030 and the National Transformation Programme (NTP). Key developments already approved include US$13.3 million to the preparation of a national integrated transport strategy, the Kingdom’s US$500b’n city project NEOM, where the whole city will be led by artificial intelligence and IoTs, $14.4bn allocation for infrastructure and transport and a target for greater private sector contribution in developing and operating road and rail projects, to reach 50% input by 2020, up from 5% currently.

The Kingdom’s Ministry officials say they have a clear objective to source some of the best solutions and technologies in traffic and transportation from around the globe. They say they are coming down to Gulf Traffic to meet and do business.

 
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