Singapore Logistics playing a Vital Role in making it Logistics Hub

Singapore Logistics playing a Vital Role in making it Logistics Hub

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After Singapore gaining independence in 1965, it was a low-income nation having limited natural resources. The country also lacked jobs, investment, and basic infrastructure. However, after few decades, the nation became a powerful and wealthiest nation of the Asian region. The major reason was Singapore logistics playing a vital role making it a high-performing logistics hub in the region.

When compared to the various major transport hubs, the local market of the nation has been relatively small. It would not give into developing high-frequency connections to several destinations worldwide. It has been the outcome of the policy called proactive expansion.

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