UAE logistics marketplace to be worth USD27b by year-end


(MENAFN) The United Arab Emirates logistics marketplace is forecast to be valued at USD27 billion by year-end, marking an increase by 15 percent logged back in 2013, The Saudi Gazette reported.

The economic rapid growth in key sectors across the Emirates has been the driving component for the increasing worth of logistics. Among the growing markets are retail, pharmaceuticals, oil, gas, and automotive.

"Continued development across these key sectors of the regional economy is increasing demand for high quality materials handling systems and solutions," an official said in a statement.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.