Dhaka, June 29 -- Bangladesh's sustained export growth as well as economic momentum risk being derailed by its outdated logistics system and high transport costs, observed speakers at a seminar held at the Dhaka Chamber of Commerce and Industry (DCCI) on Saturday.

The event, titled "Enhancing Bangladesh's Logistics Sector for Sustainable Economic Growth," featured a keynote by Dr M Masrur Reaz, Chairman of Policy Exchange Bangladesh. DCCI organised the event at its auditorium in the city.

Reaz said logistics bottlenecks were undercutting the country's ability to compete in global markets.

Citing from the World Bank's Logistics Performance Index 2023, Reaz said Bangladesh ranked 88th, while India and Vietnam stood at 38th and 43rd, resp...