Malaysia's logistics industry is expected to grow by 11.5 per cent to RM121 billion this year from RM108.5 billion in 2010, supported by the country's strong external trade and stable economic outlook.
Gopal R, vice president, Transportation & Logistics Practice, Asia-Pacific and country head for Malaysia at Frost & Sullivan, said the industry was also forecast to grow at a compound annual growth rate of 12.6 per cent to RM196.5 billion in 2015.
He said high technology and capital-intensive projects under the 10th Malaysia Plan and the Economic Transformation Programme would create opportunities for the industry. - Bernama
Gopal R, vice president, Transportation & Logistics Practice, Asia-Pacific and country head for Malaysia at Frost & Sullivan, said the industry was also forecast to grow at a compound annual growth rate of 12.6 per cent to RM196.5 billion in 2015.
He said high technology and capital-intensive projects under the 10th Malaysia Plan and the Economic Transformation Programme would create opportunities for the industry. - Bernama
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