Unlocking Saudi Arabia s Potential As A Logistics Hub
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"I suppose it’s good for the end buyer," he says. Qutub can also be confident in the port’s favoured technique, which is to grow the market by attracting new volumes as an alternative of competing directly with other ports. The port’s plans align with the general goal of improving Saudi Arabia’s performance on the worldwide Logistics Performance Index (LPI), the World Bank’s biannual benchmarking instrument that tracks trade logistics performance across 160 international locations. Saudi Arabia needs to spice up its world logistics ranking from fifty five presently to 25 within 18 years, in step with its Vision 2030 aims.
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