Over 25 million electronic car rental contracts issued since 2022: Transport Authority

The Saudi Transport General Authority has announced that more than 25 million electronic car rental contracts have been issued to individuals in the Kingdom since the adoption of the digital contract at the beginning of 2022 through the end of the third quarter of 2023.

The authority said this milestone is part of ongoing efforts to develop the car rental sector, enhance transaction reliability, and protect the rights of all parties involved in contractual agreements.

The number of vehicles operating in the car rental sector grew by 83% during the same period, while the number of car rental service outlets increased by 66%, reflecting the expansion of services across various regions of the Kingdom.

According to the authority, Riyadh led all regions in the number of contracts issued, accounting for 32% of the total, followed by Makkah at 24% and the Eastern Province at 15%. The remaining percentage was distributed among other regions.

The authority emphasized that the unified electronic contract has helped safeguard the rights of contracting parties and reduce disputes by documenting obligations and conditions, as well as verifying the compliance of companies and vehicles with regulatory requirements.

The authority added that electronic services linked to contract issuance have streamlined procedures, accelerated processing, improved user experience, and supported operational efficiency for companies in the sector.

The authority continues its efforts to develop the regulatory environment for car rentals, improve service quality, and enhance the sector's attractiveness for investment, supporting sustainable growth and contributing to the objectives of the National Transport and Logistics Strategy.