Sunday, 30 March 2014

Connectivity works wonders for GCC states | GulfNews.com

Connectivity works wonders for GCC states | GulfNews.com:



"It is not in the least surprising for the UAE to attain the best results among Middle East and North Africa countries in the 2014 version of the ‘Logistics Performance Index (LPI). This can be partly attributed to Dubai’s status as the leading trading hub in Asia.



The study, executed by the World Bank, is published bi-annually. The 160 economies surveyed must do well in six components to obtain an outstanding performance.



These variables compromise of efficiency in customs and border clearance; the quality of trade and transport infrastructure; ease of arranging competitively priced shipments; the quality of logistics services including trucking, forwarding and customs brokerage; tracking and tracing consignments; and timeliness of shipments reaching consignees within scheduled delivery times."



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