Business
2019 Sep 19 Thu, 07:58:25 pm

UAE logistics sector's contribution to GDP projected to hit 8 pc by 2021

ABU DHABI, 19th September, 2019 (WAM) -- The UAE's logistics sector has been making great strides over the recent years, as the country retains its advanced ranking across global competitiveness indices thanks to the strong offerings of its free zones and massive infrastructure investments. Within this positive outlook perspective, the Federal Competitiveness and Statistics Authority said the logistics sector's gross output amounted to AED219 bn last year, with the sector's contribution to the country's GDP projected to increase to 8 percent by 2021. As part...