Philippines seen as global hub for logistics

The Philippines has the potential to become a major hub for logistics services providers as the size of the market is expected to hit over P71 billion in 2020, a regional research firm said. The research provider believes the size of the country's contract logistics market would hit P71.41 billion (1.412 billion euros) in 2020 from P24.17 billion (478 million euros) in 2013.

Please read more here: http://www.philstar.com/business/2015/05/17/1455471/phl-seen-global-hub-logistics

Source: FIATA E-Flash No. 97 - 22 May 2015