Arab Today, arab today transporters plead inability to pay fees
Last Updated : GMT 05:54:25
Arab Today, arab today
Arab Today, arab today

Transporters plead inability to pay fees

Arab Today, arab today

Arab Today, arab today Transporters plead inability to pay fees

Jeddah - Arabstoday

The land transport sector will face a full paralysis due to the Ministry of Labor’s decision to increase expat fees from SR 100 to SR 2,500 annually, concluded the national committee for land transport at the Council of Saudi Chambers. Investors in the transport sector would not be able to meet the ministry’s increased fees. During a recent meeting, the committee concluded that the ministry’s decision would also damage development and infrastructure projects in the Kingdom as the transport sector is one of the main pillars of those projects. The committee estimated the sector’s losses at more than SR 3 billion annually. The committee said the sector felt it was being forced to leave the Saudi transport market, which is the largest in the region. Investors in the sector said they were willing to employ Saudis as vehicle drivers at a reasonable salary. The special nature of the sector, said the committee, made many Saudis unwilling to work for it. This puts investors in a predicament when trying to comply with the ministry’s demands. The committee added that many development and infrastructure projects would stop. Empty trucks and tankers that came fully loaded from Saudi Aramco would not be allowed to return to the Kingdom without a valid residency permit for the drivers. Investors would not be able to pay the costs to renew their residency permits, which would lead to an increase in costs of operating at a rate that would be hard to meet in comparison to the revenue from those sectors. In turn, this would lead to a shortage in supply for power plants and gas stations, and therefore, damaging all sectors of society, said the committee. From Arabnews

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today transporters plead inability to pay fees Arab Today, arab today transporters plead inability to pay fees

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today transporters plead inability to pay fees Arab Today, arab today transporters plead inability to pay fees

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday