Saudi Arabia Aims to Rank Among Top 10 Countries on World Bank’s Logistics Performance Index by 2030
Saudi Arabia Aims to Rank Among Top 10 Countries on World Bank’s Logistics Performance Index by 2030
RIYADH: In a bold move, Saudi Arabia is determined to secure a spot among the top 10 countries on the World Bank’s prestigious Logistics Performance Index (LPI) by 2030, according to Dr. Rumaih Al-Rumaih, Chairman of the Saudi Public Transport Authority and Deputy Minister of Transport and Logistic Services.
The LPI, described by the World Bank as an “interactive benchmarking tool” that assists nations in identifying their strengths and weaknesses in trade logistics, has become the target of Saudi Arabia’s ambitious transportation agenda.
Dr. Al-Rumaih made the announcement during an exhibition hosted by the Public Transport Authority (PTA) in London. The event showcased the Kingdom’s remarkable maritime initiatives and accomplishments, drawing the attendance of distinguished diplomats and representatives from the International Maritime Organization.
Ambassador Prince Khalid bin Bandar bin Sultan, the Saudi Arabian Ambassador to the United Kingdom, commended the Kingdom’s advancements in the maritime sector. He emphasized the nation’s steadfast commitment to achieving the sustainable development goals outlined in Saudi Vision 2030, as evidenced by its close collaboration with the IMO and unwavering support for the maritime environment.Highlighting the comprehensive national strategy for transport and logistic services, Dr. Al-Rumaih expressed the Kingdom’s determination to achieve clear goals in all aspects of maritime development.
To realize the ambitious objective of ranking among the top 10 countries in the LPI by 2030, Saudi Arabia intends to establish 59 logistic zones and enhance its ports’ capacity to handle over 40 million containers, he announced.
Dr. Al-Rumaih stated, “We are delighted to actively pursue collaborative initiatives with the IMO and member states that promote climate awareness, cooperation, and seafarers’ well-being.”
Furthermore, he unveiled plans for the upcoming maritime industry sustainability conference scheduled to take place from September 4-6. With the theme “Innovation for a Greener Future,” the conference aims to foster discussion and exchange ideas on achieving a sustainable and environmentally friendly maritime sector.
The PTA’s exhibition in London witnessed the enthusiastic participation of both public and private entities, including the Ministry of Environment, Water, and Agriculture; the Royal Saudi Navy; the Border Guards; the Zakat, Tax, and Customs Authority; the Saudi Ports Authority; the Saudi Red Sea Authority; NEOM; and the National Maritime Academy.
Throughout the event, various presentations showcased pioneering initiatives such as the utilization of cutting-edge technology to improve services in the maritime sector, as well as the establishment and accreditation of maritime institutions, further highlighting Saudi Arabia’s commitment to excellence in the field.
