The transport sector and auxiliary transport activities generated QR46.5 bn in revenues in 2015, compared to QR25.6 bn in 2010, an annual increase rate of 13%, shows a new study released by the Ministry of Economy and Commerce.
The study has revealed remarkably strong growth in the logistic sector’s contribution to Qatar’s development.
The study showed that the air transport sector, which represent the backbone of the tourism industry and supports a wide range of productive and service activities through shipping services, has largely contributed to an 80% growth in the total revenues of the transport sector and auxiliary transport activities.
The revenues of the air transport sector currently account for nearly three-quarters of the revenues generated by the transport sector and auxiliary transports activities.
The study also revealed that the maritime transport sector, which provides services through three facilities, has also expanded its services. Total revenues grew from QR3.7bn in 2010 to QR6.1bn in 2015, accounting for 12% of the transport sector revenues.
The land transport sector has also expanded, with total revenues of QR3.3bn, a 75% increase in revenues compared to 2010.
The expansion of the sector will also be supported by the measures taken by the Qatar and the implementation of projects to improve the efficiency of the sector.
The study said Qatar’s ranking on the World Bank’s biennial Logistics Performance Index is testament to the state’s successful efforts in this regard. Qatar ranked in 30th place globally and second in the Arab world on the Logistics Performance Index 2016 in terms of the competence and quality of logistics services, ahead of 130 countries worldwide—including developed economies.
The report, which the World Bank began releasing in 2007, is based on a survey of operators who provide feedback on the performance of key components of the logistics chain along six core competencies: efficiency of the clearance process; quality of trade and transport-related infrastructure; ease of arranging competitively priced shipments; competence and quality of logistics services; ability to track and trace consignments; and timeliness of shipments in reaching destination within the scheduled or expected delivery time.
