Business
May 12, 2021
Poland has been building warehouse facilities with a total storage space of 2.5 million square metres, a record-high result, real estate advisor CBRE said in a Wednesday report.
The total warehouse space available in Poland now totals 21.3 million square metres (sqm) after an addition of 766,000 sqm in Q1 2021, CBRE said. The pandemic has heated up the warehousing market, and its pace of development is still increasing, CBRE s Beata Hryniewska was quoted in the company s statement.
Hryniewska also expects 2021 will be a record year for warehouse space growth.
The vacancy rate is now as low as 6.5 percent, down 0.6 percentage points year on year, CBRE said.
Oman: Towards a thriving logistics sector
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With ecommerce set to boom in the Sultanate, the country’s logistics sector is heading for exciting times.
The Sultanate ranks 12th globally in terms of competitiveness, and fourth for business fundamentals, in the Agility Emerging Markets Logistics Index released this year. Notably Gulf countries have shown spectacular growth in the sector driven largely by a pro-business environment supported by streamlined policies and regulations, huge investments in developing the logistics and transport infrastructure, and a focus on strategic digital capabilities.
Logistics sector forms one of Oman’s key pillars for economic diversification, and the efforts by authorities have boosted Oman’s rank in the World Bank’s Logistics Performance Index 2018 by five positions from 48th to 43rd, while its Global Competitiveness ranking improved by 19 places from 66 to 47, driven by a leap to the 18th rank in ports’ ef
Djibouti Ranked Top Port In Africa In World Bank And Ihs Markit Report On Container Ports
Djibouti has been recognised as the top container port in Africa and 61st globally by the World Bank and IHS Markit’s latest global Container Port Performance Index.
Djibouti’s investment in ports and infrastructure development continues to pay dividends, highlighted by another top performance in global rankings.
Djibouti has been ranked the top port in Africa in the latest global Container Port Performance Index (CPPI), published by the World Bank and IHS Markit. This latest recognition is a testament to the ongoing improvements in efficiency and productivity of Djibouti’s world-class container port and its key role in strengthening the country’s position as a global trade and logistics hub.
UAE Among Top 20 in Foreign Trade Index albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
UAE ranked among top 20 in foreign trade tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.