Saudi Arabia Launches Massive $853m Bus Service to Link 200 Cities
Saudi Arabia has launched a massive new bus service, which could help transport six million passengers a year.
Minister of Transport and Logistic Services Saleh bin Nasser Al Jasser launched the bus transport services project aimed at linking 200 cities and provinces.
The project operates through three international alliances in three concession areas, utilising a state-of-the-art fleet of buses equipped with advanced technological features to establish connections across 76 routes within the designated cities and provinces.
Saudi bus service
The inaugural ceremony, organised by the Transport General Authority (TGA), was attended by a distinguished group of ministers, ambassadors, and officials from government authorities and private sector companies.
During the ceremony, the minister, who also serves as the chairperson of the board of directors at TGA, highlighted the project’s contribution to creating more than 35,000 direct and indirect job opportunities, with an anticipated addition of SR3.2bn ($853m) to the Gross Domestic Product (GDP).
Al Jasser emphasised that this groundbreaking initiative, designed to improve services for beneficiaries and strengthen private sector partnerships, represents the first foreign investment in this particular field.
He also emphasised the positive impact of the National Transport and Logistics Strategy (NTLS) launched by His Royal Highness the Crown Prince, which has been instrumental in fostering growth and reform across all sectors of the transportation and logistics system in Saudi Arabia.
