Saudi Arabia Advances 17 Ranks in World Bank's Logistics Performance Index
Business
Asharq Al-Awsat
Saudi Arabia advanced 17 places in the global Logistics Performance Index (LPI) issued by the World Bank. Among 160 countries, the Kingdom has advanced to the rank 38th in the World Bank's Logistics Performance Index after achieving wide leaps in performance efficiency through several sub-indicators, most notably the indexes of Logistics Competence and Quality, Tracking and Tracing, Timeliness, Customs, Infrastructure, and International Shipments. Minister of Transport and Logistics, Engineer Saleh bin Nasser Al-Jasser, said the progress had been achieved due to the support and empowerment of the Saudi Crown Prince. In this regard, the Minister highlighted the ambitious goals of the National Transport and Logistics Strategy, which the Crown Prince has recently launched, and the broad structural reforms and qualitative strategic initiatives it includes. Al-Jasser indicated that strategies employed in the sector have had a significant impact and have radically transformed the transport and logistics system, profoundly enhancing its operational efficiency across every sector's performance in accordance with international indicators, and has enhanced the Kingdom's position as a global logistics hub.
from Asharq AL-awsat https://english.aawsat.com/home/article/4289271/saudi-arabia-advances-17-ranks-world-banks-logistics-performance-index
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