The initiative of Vision 2030 brought about innovative changes to the socio-economic culture of Saudi Arabia, making much-needed reforms to the country’s dependency on oil. Furthermore, the government adopted a more strategic approach, designing a framework that was more inclusive and presented a better opportunity for economic diversification. Under the Vision 2030 initiative, the Kingdom of Saudi Arabia (KSA) government also made modifications to the trading system of the region.
Fasah SA (Saudi Arabia) is a platform that seeks to bring reforms to the logistics processes and streamline the process of exchanging information among parties who participate in the import and export procedures. Launched by TABADUL, the organization responsible for developing and offering safe digital solutions for logistics, this platform is a leap towards rapid economic development.
Fasah Saudi Arabia is an integrated e-system platform that was launched by TABADUL with the vision of building a bridge between all organizations involved in the import and export process by bringing it under one roof. It ensures secure electronic data exchange between all stakeholders involved in the procedure. This, in turn, enables and catalyzes business processes across geographical boundaries. Furthermore, it creates a safe space for cross-border investors and importers to conduct business in. The Fasah system connects organizations such as Saudi Automotive Services, Saudi Commission for Tourism and National Heritage, Saudi Ports Authority, Ministry of Environment, Saudi Customs, and several other premium government institutions through the e-platform.
This e-platform is responsible for organizing the end-to-end process involved in importing and exporting. Starting from the online submission of pre-requisite documents to tracking shipments, this e-platform caters to every step of the process. In fact, it offers about 135 services that assist in international trade processes. Some of the services offered to its customers through the electronic system are mentioned below:
The implementation of the Fasah system, under the Vision 2030 initiative, has given way to a digitized and accessible logistics culture. This has created an innovative environment, which allows stakeholders and users to explore new investment opportunities. Furthermore, this will create a permanent space for the Kingdom of Saudi Arabia on the world map for investment, catalyzing economic growth.
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