Minister of Transport Participates in “Global Logistics Forum” Ministerial Roundtable

HE Minister of Transport Jassim bin Saif Al Sulaiti has participated in the Ministerial Roundtable (Diwan) at the Global Logistics Forum, which opened in Riyadh in attendance of several Their Excellencies Arab and foreign ministers and senior officials. Highlighting the current challenges to supply chains and world trade, HE Minister Al Sulaiti, in his remarks, stressed the importance of working together to make a fundamental change in the warehousing and logistics market to ultimately create several gainful opportunities by adopting digital transformation, clean energy in transportation to improve the efficiency of logistics services, streamlining the regulatory procedures, and enhancing international cooperation. He said that the initiatives Qatar launches to keep pace with the transformation in the logistics, warehousing and transportation industries are creating promising investment opportunities, by providing an ecofriendly infrastructure that is equipped with latest technologies and compliant with hig hest efficiency and competitiveness standards, in addition to flexible laws and legislation that meet investors' aspirations. These efforts, he said, led to Qatar having been ranked 14th and 19th globally on the latest WB's Logistics Performance Index (LPI) and the Global Quality Infrastructure Index (GQII), respectively. To reinforce these initiatives, he said, work is underway to put in motion a national strategy for logistics services sector, aiming to solidify Qatar's ranking as a global logistics hub and enable traders and investors with less time and cost and this would support the requirements of economic diversification clusters for logistics services and shipping. HE Minister Al Sulaiti said that Qatar's vision for developing its logistics industry, and the various associated services is not just an ambitious thought, but a necessity to achieve economic growth and sustainability. He also welcomed working closely with governments, global bodies and the private sector to make this vision a reality. Source: Qatar News Agency