Unlocking Saudi Arabia s Potential As A Logistics Hub
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"I suppose it’s good for the tip customer," he says. Qutub can be confident within the port’s favoured strategy, which is to develop the market by attracting new volumes as an alternative of competing instantly with other ports. The port’s plans align with the general objective of improving Saudi Arabia’s efficiency on the global Logistics Performance Index (LPI), the World Bank’s biannual benchmarking device that tracks trade logistics efficiency across 160 international locations. Saudi Arabia desires to boost its international logistics ranking from 55 presently to 25 within 18 years, in keeping with its Vision 2030 targets.
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