The Council for the Development of Cambodia has sought standard of the World Bank’s Logistics Performance Index (LPI) aiming to improve the logistics sector in Cambodia and to become a logistics hub full of potential and highly competitive in the region.
A meeting, held here on Feb. 4 at the CDC and co-chaired by H.E. Sun Chanthol, Deputy Prime Minister and the CDC First Vice President, and H.E. Ms. Tania Meyer, the World Bank’s Country Manager for Cambodia, brought key government officials and World Bank representatives to review and discuss the methodology and procedures for collecting data for the “Logistics Performance Index (LPI)”.
The methodology and procedures for collecting data to determine the LPI presented at the meeting were prepared and compiled by World Bank experts.
The LPI has six indicators – efficiency of customs and border management clearance, quality of trade and transport infrastructure, ease of arranging competitively priced shipments, competence and quality of logistics services, ability to track and trace consignments, and frequency of on-time deliveries.
H.E. Sun Chanthol asked the World Bank experts to provide further explanations as a basis for the Royal Government of Cambodia to determine the relevant framework and policies in line with the trend of determining the global LPI.
He also requested all relevant actors to continue their cooperation and requested support from the World Bank on improving the logistics sector in Cambodia.
For her part, H.E. Ms. Tania Meyer expressed her strong commitment to joining the Royal Government in promoting Cambodia to become a logistics hub full of potential and highly competitive in the region.
