Saudi Arabia climbs 17 places on the World Bank’s logistics index 

Saudi Arabia climbs 17 places on the World Bank’s logistics index 

RIYADH: Saudi Arabia has jumped 17 places to claim 38th rank in the World Bank’s Logistics Performance Index 2023, as the Kingdom consolidates its national logistics strategy to become a regional hub.

This quick elevation comes within a very short span of time as Saudi Arabia ranked 55th in 2018 and barely edged up from its 52nd rank in 2014 listings in the index that has 139 countries.

According to the report, Saudi Arabia made great strides in performance efficiency through several sub-indicators, such as trade and transport infrastructure, shipment frequency tracking and tracing facilities, customs clearance and quality of maritime freight.

“This progress came with the support of the Crown Prince and the ambitious goals of the National Strategy for Transport and Logistics Services,” said Minister of Transport and Logistics Saleh Al-Jasser in a statement.

He added that the strategy contains broad structural reforms and qualitative strategic initiatives, bringing about a significant shift in operational efficiency in performance and strengthening the Kingdom’s position as a global logistics center.

The minister further noted that this achievement results from the efforts of all parties involved in the National Strategy for Transport and Logistics Services.

Recently, the Ministry of Transport and Logistics launched a package of initiatives in