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Transportation and logistics
The Transportation industry is essential to personal mobility and a prerequisite for achieving socio-economic progress. The industry is a key component of global production and supply chains, and a primary facilitator of international trade in goods and services. Emerging technologies and stricter environmental regulation are reshaping traditional transportation modes and driving investment in more efficient and sustainable transportation solutions.
Activities associated with the Transportation industry are transportation of passengers and cargo by road, rail, air and water, and the related support activities. Urban mobility, scenic and sightseeing transportation, courier and postal services, and pipeline transportation of oil and gas are also included in this industry.
The transportation sector in Malaysia generates between 3% and 3.5% of the country's GDP and accounts for approximately 3.5% of all jobs on the domestic labour market. However, its role for the economic and social development of Malaysia is arguably ...
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The Indian transportation industry contributed more than INR 7.06tn in gross value added (GVA), accounting for 3.56% of the national economy in FY2021. However, because it is a crucial enabler of business and economic development, the sector has a ...
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