In 2024, as part of the second cohort of the 1KmileAward – the National Industrial Development and Logistics Program, CAN’s CEO “Eng.Abdulmajeed Alqarni “ achieved an outstanding milestone by winning the award among more than 80 participating entrepreneurs. This accomplishment represents a testament to continuous efforts in innovation, sustainability, and delivering advanced solutions that enhance the value of the national industrial sector. We are proud to be part of this prestigious event, reflecting our commitment to contributing to Saudi Vision 2030 and advancing the industrial and logistics sectors in the Kingdom.
Under the patronage of His Excellency the Minister of Industry and Mineral Resources and the support of more than 26 partners of the program from the public and private sectors, the Thousand Miles Program, in its second edition, produced 78 industrial and logistical projects, where financial incentives were provided to the top twenty graduates of the program, 10 in the industrial sector and 10 in the logistics services sector, in addition to announcing the launch of a number of partnerships in the third edition.
The National Industrial Development and Logistics Program (NIDLP) is one of Saudi Arabia’s key Vision 2030 initiatives aimed at transforming the Kingdom into a global industrial powerhouse and a leading logistics hub. The program focuses on four main sectors: industry, mining, energy, and logistics, with the goal of enhancing economic diversification and reducing reliance on oil revenues.
Objectives of NIDLP
Boosting Industrial Growth
Encouraging high-tech and advanced manufacturing industries.
Enhancing local content and increasing non-oil exports.
Supporting local businesses to compete in global markets.
Developing the Mining Sector.
Unlocking the full potential of Saudi Arabia’s mineral resources.
Promoting investment in the exploration and processing of key minerals like phosphate, gold, and bauxite.
Strengthening regulatory frameworks to attract international investors.
Advancing Energy Efficiency and Renewable Energy
Promoting sustainable energy solutions, including solar and wind power.
Enhancing energy efficiency in industrial operations.
Supporting innovations in energy storage and grid modernization.
Transforming Logistics and Infrastructure
Positioning Saudi Arabia as a global logistics hub connecting three continents.
Developing world-class transport infrastructure, including ports, railways, and airports.
Enhancing digital transformation in logistics and supply chain management.
Key Initiatives and Investments
Industrial Cities & Economic Zones: Establishing new industrial clusters and special economic zones to attract global manufacturers.
Saudi Railway Expansion: Expanding and modernizing the railway network to improve freight transport efficiency.
Mining Strategy: Developing mega mining projects, such as the NEOM industrial city and the expansion of Ma’aden, Saudi Arabia’s largest mining company.
Public-Private Partnerships (PPPs): Encouraging collaboration between the government and private sector to drive innovation and infrastructure development.
Impact on Saudi Arabia’s Economy
Increased Foreign Direct Investment (FDI) in industrial and logistics sectors.
Job creation through new industrial projects and logistics services.
Technological Advancement by adopting Industry 4.0 solutions, AI, and automation in manufacturing and logistics.
Stronger Non-Oil GDP Contribution, supporting the Kingdom’s goal of economic diversification.
By integrating cutting-edge technologies and fostering global partnerships, NIDLP is playing a vital role in shaping Saudi Arabia’s future as a global leader in industry, mining, energy, and logistics.
Award news:
Industry Minister Inaugurates 3rd Edition of ‘1K Mile’ Program