Aug
2012
Logistics Services in Developing Asia
Efficient logistics services are vital to boost Developing Asia’s comparative advantage as a global manufacturing hub. Over the last five years, the region’s logistics performance, as measured by the Logistics Performance Index (LPI), improved at an annual average rate of 1.3%. In fact, Developing Asia’s LPI score in 2012 rose to more than three-quarters G3’s score. This outcome reflects significant improvement in the infrastructure sub-index. East Asia recorded the best score in 2012 among all of Developing Asia’s subregions, nearly matching the G3 average. Southeast Asia was a close second. However, logistics performance across the region still varies, particularly in the quality of trade- and transport-related infrastructure.
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