The Kingdom of Saudi Arabia has introduced 15 new incentives under its Authorised Economic Operator programme to strengthen export competitiveness, enhance supply chain security and logistics, as announced by the Ministry of Industry and Mineral Resources, KSA. The incentives include streamlined administrative processes, long-term industrial land leases of up to 30 years, and access to a ‘Custom Factory on Demand’ service. Companies will benefit from expedited approvals, priority access to pre-developed industrial lands and factories, and preferential support from KSA’s Export Development Authority. The initiative aligns with the ministry’s broader strategy, which includes a recent SR10 billion (US$2.66 billion) allocation for the Standard Incentives Programme to foster industrial investment and sustainable development. The AEO programme is a key pillar of KSA’s strategy to enhance customs operations, streamline trade procedures, and optimise supply chain efficiency.
top of page
bottom of page
Comments