Thursday, March 27, 2014

Cambodia sees improvements in logistics performance: World Bank

26 March 2014

According to World Bank, Cambodia has seen significant improvements in logistics performance in the last four years. The World Bank Logistics Performance Index (LPI) recorded that Cambodia's LPI ranking has risen spectacularly by 46 places, to 83rd out of 160 countries in 2014, up from 129th four years ago. The progress in logistics performance in Cambodia was driven by improvement in infrastructure and basic border management reforms. Today border checkpoints in Cambodia are automated and red tape has been cut. The time to clear customs fell from 6 days in 2010 to only 1.4 days in 2014 due to automated customs procedures and infrastructure upgrading at Sihanoukville port and at border posts.

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