Saudi Arabia is showcasing its innovative import-export system at the GITEX Technology Week 2019.
Fasah is the unified national system for all import and export activities in the Kingdom. It is the first of many initiatives of the Saudi Company for Exchanging Digital Information (Tabadul), which is a subsidiary of the Public Investment Fund (PIF).
Abdul Aziz Al-Shamsi, CEO of Tabadul, said: “Fasah is our first product with which we aim to reduce the time and cost of preparing, delivering, processing commercial and shipping documents, and expedite customs clearance. As a unified portal, it connects all entities involved in import and export, whether government entities or from the private sector, to enable customers to submit the necessary data for import and export procedures as well as obtain statements and approvals electronically at any time and from any place.”
Visitors to the Fasah pavilion are introduced to the electronic payment window, Fasah Pay, which aims to end all paper-based import and export financial transactions, making them available electronically. Customers also witnessed the journey of the import and export process in the past and how the procedures have been re-engineered to become smoother through systems included in the platform, such as the “Truck Management System,” which was launched earlier this month.