Saudi Ranking in WB Logistics Index Improves

The Kingdom of Saudi Arabia has achieved a major milestone by jumping 17 places in the 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.

Lauding the achievement, Minister of Transport and Logistics Engineer Saleh bin Nasser Al Jasser said this milestone could be achieved only due to the support and empowerment of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince and Prime Minister. He also highlighted the ambitious goals of the National Transport and Logistics Strategy, which Prince Mohammed bin Salman had 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. It has profoundly enhanced operational efficiency across every sector's performance in accordance with international indicators, and has enhanced the kingdom's position as a global logistics hub, he added.