The extended meeting of
the sector in Asharqia Chamber has witnessed several recommendations
Investors
of land transportation stress the
integration, training and communication with the transport ation Community
Ataishan:
the sector has investments amounted of 120 billion riyals
Jabri:
We seek to achieve added value in line with the vision of the Kingdom in 2030
The investors in land transportation
sector are optimistic about the role of Land Transportation Committee, in further actions
aimed to organize the work in the sector and develop and raise the level of its
contribution to the national economy, especially in the implementation of the
Kingdom Vision 2030 urging for a
genuine partnership between investors and the Committee to spot the challenges and dealing with them.
This
was in the extended meeting held by Asharqia Chamber yesterday Thursday,
February 9, 2017 in the presence and participation of a number of investors who
have come from different parts of the Kingdom.
The
Chairman of the Chamber Management Abdulrahman bin Saleh Al Ataishan opened the
meeting by saying that the transportation sector on the different patterns, is
the mirror of the extent of the growth in the national economy, can not imagine
a real growth in the transport sector without similar growth in domestic
investment was or foreign, explaining that
there is a remarkable development witnessed by the sector over the past
decades, both in operating systems and in terms of the expansion of its network
between the various regions of the Kingdom, that approached the amount of
investment of 120 billion riyals, and there are at least 560 thousand trucks the
Kingdom east and west, as well as more than 118 thousand Saudis working in it.
Al
Ataishan pointed that the 2030 Kingdom vision may involve the goals of diversifying in the economic
base, requiring all of us as investors in the transportation sector to provide
new ideas and develop innovative solutions for the development of the transportation
sector in the Kingdom in line with our aspirations towards a sustainable
economy.
He
pointed that the Chamber as it organizing this meeting, they will recognize the
importance of this sector, and its ability to the economic development further,
particularly since the improved performance of the sector, needs to work
according to a strategy in which public and private sectors share clear
formulas that will jump in transport sector further
progress and prosperity, based on strong research and study scientific grounds.
For
his part, Chairman of the Land Transportation Chamber Bandar bin Ali Al Jabri,
who conducted the meeting that the purpose of this meeting and other meetings
with investors in the road transportation sector is to achieve added value according to Vision 2030, the Kingdom
includes a range of perspectives and dimensions in the sector role to serve the nation and the national economy,
because we are looking forward to a profit of all, and we hope to bring more chances
in the transportation sector, and he praised the role played by the land
transportation Committee in solving problems.
And
it agreed to attend the meeting to prepare a detailed working paper for road
transport and its challenges and problems in the sector and Asharqia Chamber to prepare a memorandum about
the matter and submit them to the concerned authorities as he stressed the
importance of increasing communication with the Committee for further
regulation of the sector is growing day after day, and holds many promising
investment opportunities, dealing with the negative phenomena recently
emerged, such as concealment and breach of some foreign trucks to local
systems.
They
called for a detailed study adopted by the concerned authorities to insurance
rates operating in the transport sector vehicles, which have recently risen by
100 percent, prompting some companies to reduce the amount of its fleet, or
stop working for the failure to obtain the necessary permits conditional
insurance.
The
participants in the meeting pointed to the existence of some of the trucks
coming from outside of the Kkingdom, and the transportation role within the Kingdom,
which is contrary to the system, and this affects the development of the local
companies, because transportation between cities and regions Saudi Arabia is
limited to Saudi companies, calling all the Saudi factories for not dealing with
any non Saudi carrier transport between cities and regions, to avoid any
penalty imposed in this field.
In
the meeting, some of the views of trading on the high cost of transportation
resulting from rising all expenses such as labor, fuel, insurance, etc, urging
to set a minimum price abide by transporters to avoid any potential losses, as
well as raising new contracts value, read contracts with companies benefiting
contracts transportation
services are not even surprise materials are not taken into account,
communicate with these companies to add the item of increasing the cost in case
of emergency.
The attendance called for the need to find ways of
integration between transportation companies as an option best to simulate the
growth in the market, and to face any challenges facing the sector at various
levels, and enhancing the performance of small and medium companies the level, calling
at the same big companies benefiting
time of the carriers support services merged companies ,
praising at the same time step by Saudi Aramco in this regard.
The
attendance called for finding big yards transportation (transportation city),
during which provide all the services needed by the sector, maintenance and
refueling of vehicles and subsistence, housing and other services, noting the
response of a number of authorities concerned with this idea and implemented
briefly in the region, hoping to be expanded the idea on the Kingdom.
The
meeting urged for a working group of the carriers companies about the topic of Saudization in the land transportation
sector, in addition to the creation of an institute for training alliance
between the carriers and big companies that do business similar to what
happened in other economic sectors.
