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Logistic Services
Last Updated : 17/3/2017 11:40 AM
 
 

Where we are today
Malaysia's logistic services sector plays a critical role in providing the backbone to facilitate its international trade. Malaysia's logistics value chain involves the integration of various service providers, from freight forwarding, transportation, warehousing and ancillary services to deliver a total supply chain solution. Driven by its international trade dynamism, particularly in commodities and high value-added manufacturing products, the Malaysian logistics services sector enables the efficient transportation of a diverse range of goods and services via its multi-modal, air, road or sea logistics networks.

Vision for the future
Recognising the significance of the logistic sector towards the enhancement of Malaysia's progress in industrialisation and international trade, the role and importance of the logistics industry has been highlighted in Malaysia's 3rd Industrial Master Plan (IMP3), 2006-2020.

Targets and aspirations
The targets set by the Government include the achievement of overall transportation growth of 8.6% by the year 2020, which is equivalent to approximately 12.1% contribution to the GDP. In addition, total marine cargo is targeted to triple, air cargo trade to double and railway freight to more than quadrupled by the year 2020.  

The aspiration of Iskandar Malaysia's logistic sub-sectors, including those linked to freight transportation are aligned to the objectives of IMP3, which are:
  1. To support industrialisation efforts
  2. To enhance and upgrade capacities
  3. To promote inter-modal transportation
  4. To intensify the application of ICT
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