Fighting Against the Logistics Cost Ghost
Following the rise in the competitiveness index and the ease of doing business index, Indonesia also recorded an improvement in the logistics index. Unfortunately, this has not been accompanied by a decline in logistics costs.
A tugboat passes a container ship at Tanjung Priok Port, Jakarta, on Monday (23/7/2018). Bank Indonesia forecasts the economic growth rate in 2018 to reach 5.1 percent year-on-year, or at the lower end of the target range of between 5.1 and 5.5 percent due to decreasing contribution from export performance.
Following the rise in the competitiveness index and the ease of doing business index, Indonesia also recorded an improvement in the logistics index. Unfortunately, this has not been accompanied by a decline in logistics costs.
Indonesia\'s position on the logistics performance index, compiled by the World Bank, has risen sharply from 63rd rank in 2016 to 46th in 2018.