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DUBAI / WAM
The growth pace of the regional logistics industry is set to intensify in the year 2020 on the back of boosted UAE growth expectations.
The UAE is hosting the region’s first Expo, in 2020, a mega event which is poised to start in October and for which preparations are in full swing. The growth driven by the event alone can bring huge opportunities for the logistics sector.
“There is a lot of optimism on the growth of UAE as a result of Expo 2020, whether it’s general economy, warehousing and logistics industry or the pace and adoption of the smart technology within the logistics space,” said Shailesh Dash, Chairman of Gulf Pinnacle Logistics.
“Expectations of 2020 for UAE are very high. Businesses are preparing for increased demand on account of 2020 mega event because of which logistics industry will be a sure beneficiary. The logistics industry will continue to see a rapid advancement in technology as more players are adopting AI which will help them build a more efficient and sophisticated business,” Dash added.