In the World Bank’s LPI 2023, Saudi Arabia moves up 17 positions

Date:

Riyadh – According to an announcement made on Saturday by Saleh Bin Nasser Al-Jasser, minister of transport and logistical services, Saudi Arabia has climbed 17 places in the World Bank’s Logistics Performance Index (LPI) for 2023.

According to Al-Jasser, the increase in ranks was made possible by Crown Prince Mohammed Bin Salman’s empowerment and encouragement.

According to the national strategy for transport and logistics services, he affirmed that the system will continue to advance under the leadership of Saudi Arabia to solidify the Kingdom’s position as a worldwide logistic hub. This was reported by Saudi Press Agency.

According to the Ministry of Transport and Logistic Services, Saudi Arabia advanced 17 rankings on the index in less than 2 years after the national plan for transport and logistics services was introduced.

The Ministry also stated that it will proceed with bold actions towards an unheard-of opportunity to build the industry and meet its objectives.

The LPI, which consists of qualitative and quantitative measurements and contributes to the creation of data files on suitability in those nations, assesses the logistical appropriateness of 155 countries.

Share post:

Related

Latest

For Kuwait’s new emir, Saudi ties are seen as key

Kuwait (Reuters) - Sheikh Meshal al-Ahmad al-Sabah was named...

Pope Francis deplores Israeli killings of civilians at Gaza church

Vatican City (Reuters) - Pope Francis on Sunday again...

Palestinians must find new path from Israeli rule after war, top official says

Ramallah (Reuters) - Immediately after Israel's war in Gaza...

Israel says it struck Hezbollah sites after attacks from Lebanon

Jerusalem/Beirut (Reuters) - Israel said on Sunday it had...