Saudi Arabia’s Public Investment Fund (PIF) is considering consolidating parts
of its ports, rail, and shipping assets into a single logistics entity to
attract foreign investment and strengthen the kingdom’s trade infrastructure,
according to people familiar with the matter. The proposed structure could
evolve into a platform for multibillion-dollar investments in the logistics
sector and potentially include an eventual IPO with international investors. The
discussions, which began before the Iran war, have reportedly gained urgency
amid disruptions in the Strait of Hormuz, highlighting vulnerabilities in
regional supply chains and increasing the strategic importance of Red Sea trade
routes.
