RIYADH: In a bid to attract more multinational companies from the logistics and cargo sector, Saudi Arabia’s General Authority of Civil Aviation has started working on a special economic zone in Riyadh.
While speaking at the Future Aviation Forum in Riyadh on May 9, GACA president Abdulaziz bin Abdullah Al-Duailej revealed that this new special economic zone will have economic and legislative packages capable of driving up more multinational entities in the future.
He noted the three challenges faced by the aviation sector are connectivity, capacity, and competitiveness.
Al-Duailej added that the Saudi Arabian government is taking adequate measures to overcome these challenges, which include economic and legislative reforms and the building of new airports.