Middle East container ports are the most efficient in the world
NEW YORK, May 25, 2022 /PRNewswire/ -- Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence. CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.
- NEW YORK, May 25, 2022 /PRNewswire/ --Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence.
- CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.
- In the Middle East, heavy investments in container port infrastructure and technology are proving to be effective."
- The new report also highlights the resilience of East Asian ports and the capacity of Chinese ports in particular to effectively handle challenges brought about by the pandemic.