Muscat, The Sultanate has jumped 5 notches
at the International Logistics Performance Index (LPI) to be ranked 43rd
at the global level in 2018 compared to being 48th in 2016, according
to the World Bank’s Report
Dr. Ahmed bin Mohammed al-Futaisi, Minister of Transport and
Communications described this progress in the index as “important”
which is a translation of the sincere efforts made by the different public
organisations and the logistics sector to implement the national logistic
strategy and promote the Sultanate’s competitiveness on the world
He said that this ranking proves that the logistics sector is going
towards the right track to achieve broad aspirations of Oman Vision; to
be among the top 30 countries on the world level in the logistics field
by 2020 and one of the top 10 by 2040.
The Minister of Transport and Communications added that the
logistics sector is one of the leading sectors in the economic
diversification as it links other sectors. The success of this sector
enhances the sustainability and resilience of the Sultanate’s economy.
He noted that the Sultanate’s interest in this sector is very evident
starting from drafting the national logistic strategy 2040, the
establishment of Oman Logistics Centre and the establishment of the
Oman Global Logistics Group (ASYAD) in June 2016. This affirms the
promising contribution to attract more investments and improve the
contribution of the non-oil sectors.
It should be noted that the LPI ranking published by the World
Bank is based on the outcomes of the survey carried out by the Bank
on logistics sector professionals to get their feedback on the different
components of the sector.
The report published biannually measures the performance of
the different countries according to six main elements, namely the
efficiency of customs and border management clearance (Customs),
the quality of trade and transport infrastructure (Infrastructure), the
ease of arranging competitively priced shipments (Ease of arranging
shipments, the competence and quality of logistics services�trucking,
forwarding, and customs brokerage (Quality of logistics services), the
ability to track and trace consignments (Tracking and tracing) and the
frequency with which shipments reach consignees within scheduled or
expected delivery times (Timeliness).
Source: Oman News Agency