Bahrain second in Arab World on logistics sector growth ranking

TDT | Manama                                                        

The Daily Tribune – www.newsofbahrain.com

The Kingdom of Bahrain ranked second in the Arab World and 34th globally in the World Bank’s 2023 Logistics Performance Index.

The index provides a benchmarking tool to help countries identify the challenges and opportunities they face in their performance on trade logistics.

These results affirm Bahrain’s commitment to solidify the growth of the logistical sector through the implementation of robust strategies and initiatives.

The Kingdom launched the Logistics Services Sector Strategy, as part of its wide-ranging Economic Recovery Plan, which is designed to capitalise on Bahrain’s strategic geographic location, while uplifting logistical capacity across several services and expanding offerings to position the Kingdom as one of the top global destinations for logistic services.

The index recorded the Kingdom’s improved results across all six indicators. The most notable improvement was in the ‘Timeliness’ indicator which saw the Kingdom advance 58 spots to rank 10th globally out of 139 countries, despite global supply chain disruptions.