Private sector main driver for industrial, logistics program: minister

Local and foreign private sectors are the main drivers for the National Industrial Development and Logistics Program (NIDLP), Saudi Arabia’s Minister of Transport Nabeel Al-Amudi said on Monday.

“More than 60 high-yield investment opportunities are available for investors today,” Al-Amudi said on the sidelines of launching NIDLP.

Additionally, Abed Al-Saadoun, Deputy Minister of Energy, Industry and Mineral Resources, said Saudi Arabia is planning to spend SAR 100 billion in 2019 and 2020 as part of the new program.

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