The Dominican Republic has Latin America’s third-best transport infrastructure
Miami.- The Dominican Republic has Latin America’s third-best transport infrastructure, according to the latest Latin America Transport Infrastructure Ranking from Latinvex, an online publication specializing in Latin American business.
The ranking is the most extensive of its kind and looks at 17 key factors that measure a country’s transport infrastructure quality: Quality of ports, air transport, railway and roads; cost, time and documents required to export and import containers; efficiency of customs and border management clearance, ease of arranging competitively priced shipments, competence and quality of logistics services, ability to track and trace consignments, frequency with which shipments reach consignees within scheduled or expected delivery times and percent of paved roads and airport runways.
The ranking of 19 countries uses data from various Latin American governments, The World Bank, the World Economic Forum and the Central Intelligence Agency.
The Dominican Republic ranks third thanks to having the region’s lowest time to export containers, second-lowest time to import containers, second-highest paved airport runways and third-best air transport quality. It also has Latin America’s fourth-best port quality and ranks among the best six countries in export and import costs for containers and road quality.
Panama has Latin America’s best transport infrastructure, while Haiti has the worst, according to Latinvex. Haiti ranks at the bottom thanks to having the region’s worst quality for ports, air transport and roads. Haiti also has the region’s highest number of documents to import containers, third-highest number to export containers and second-highest number of days to export and import containers. And in logistics, it has Latin America’s worst timeliness, tracking, customs, competence and ease of finding prices.
Category: DR News |