Roads General Authority says new strategy to contribute SAR 74 bln to GDP, create 293,000 jobs by 2030

01/03/2023 Argaam

Roads General Authority says new strategy to contribute SAR 74 bln to GDP, create 293,000 jobs by 2030

Roads General Authority (RGA) logo


The Roads General Authority (RGA) said that the new road sector strategy is set to contribute SAR 74 billion to gross domestic product (GDP), in addition to creating 293,000 direct and indirect job opportunities by 2030.

 

Furthermore, the strategy aims to raise the Kingdom's ranking on the world’s Road Quality Index to the sixth position, as well as reduce road fatalities to less than eight cases per 100,000 people. This is in addition to providing road network safety coverage in compliance with the International Road Assessment Programme (iRAP).

 

This is alongside maintaining advanced service levels for the capacity of the road network and raising private-sector participation in operational business by 20%.

 

The authority also pointed out that the pivots of the new road sector strategy include quality as well as traffic safety and intensity, stressing that the strategy came to improve the safety and sustainability of the sector.

 

This is by leading national competencies, raising the quality of the roads network, enhancing user experience and encouraging innovation.

 

The Saudi Cabinet, chaired by King Salman bin Abdulaziz Al Saud, approved yesterday, Feb. 28, the road sector strategy, according to Argaam's data.

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