CITC: licensing of three international companies in parcel transportation services is in its final stages

Riyadh, The Communications and Information Technology Commission (CITC) stated that granting the necessary licenses to three international companies to work in the field of parcel transportation services in the Kingdom of Saudi Arabia is in its final stages. The three companies joining to the local market will lead to an investment of SAR 6 billion.

The investments of the three companies will be reflected in the postal logistics infrastructure, and will also contribute to increasing the sector’s domestic product and aligning with the goals of the Kingdom’s Vision 2030 aimed at making the Kingdom a leading global logistics hub connecting the three continents.

Source: Saudi Press Agency