Indonesia reforms logistics ecosystem to curb cost


Image from The Jakarta Post/Asian News Network

JAKARTA, Sept 25 (Xinhua): The Indonesian government is developing a reformed national logistics ecosystem (NLE) by easing and simplifying the upstream to downstream process, which was expected to lower the logistics cost from 23.5 percent to 17 percent of the gross domestic product (GDP).

With the reforms, the logistics sector would increase not only in efficiency but also in its contribution to improving the competitive edge of the whole national economics, Finance Minister Sri Mulyani Indrawati told a virtual press conference here Thursday.

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