Dubai Tourism

UAE logistics market seen growing 15.4% to Dh99bn in 2015

News   •   May 22, 2014 09:12 GMT

EMIRATES247.COM: The UAE logistics market is estimated to have reached $23.4 billion (Dh86 billion) in 2013, representing approximately 6 per cent of the country’s gross domestic product, according to consulting firm Frost & Sullivan.Srinath Manda, Program Manager for Transportation & Logistics Practice, Middle East, North Africa and South Asia, at Frost & Sullivan, said the emirates’
logistics market is likely to grow 15.4 per cent to reach $27 billion (Dh99 billion) next year.