Money & BusinessBahrain

Hidd ranks world’s 1st in ‘transport and warehousing cost-effectiveness’

The Hidd area has ranked first in the world in the Transport and Warehousing Cost-Effectiveness category.

This was according to the Transport and Warehousing Cities of the Future ranking, produced by fDi Intelligence which is a specialist division of the Financial Times.

fDi Intelligence examined a range of data points including the cost of construction permits, fuel prices, electricity prices, and tax rates amongst others. Egypt’s Port Said and Damietta, as well as Dubai and Abu Dhabi, were included in the top 10.

Strategically located, Bahrain has earned a reputation as a key regional transport and logistics hub and is fast emerging as a major distribution and fulfilment centre hub.

Comments

Source
The Daily Tribune
Back to top button