RIYADH — Minister of Transport and Logistic Services Eng. Saleh Bin Nasser Al-Jasser announced that Saudi Arabia has jumped 17 ranks in the World Bank’ Logistics Performance Index (LPI) 2023.
This jump was achieved within the support and empowerment of Crown Prince and Prime Minister Mohammed Bin Salman, Eng. Al-Jasser said.
He confirmed that the system will continue, through the directives of Saudi Arabia’s leadership, to move forward to consolidate the Kingdom’s position as a global logistic hub, in accordance with the national strategy for transportation and logistics services.
From its side, the Ministry of Transport and Logistic Services said that Saudi Arabia’s progress on the index by 17 ranks achieved within less than 2 years from the launch of the national strategy for transportation and logistics services.
The Ministry will move forward with confident steps toward an unprecedented prospect to develop the sector and achieve its goals.
It is worth mentioning that the LPI measures the logistical suitability of 155 countries, as it consists of qualitative and quantitative measures and helps to create data files on suitability in those countries.
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