A 29-member National Logistic Development and Coordination Committee has been formed for the overall development of the logistics sector to achieve the national growth targets, increase capacity in trade and investment and ensure efficient transportation of goods and services, reports BSS.

Prime Minister's Principal Secretary has been made president of the committee.

Director General of the Executive Cell of Prime Minister's Office has been made the member secretary of the committee, which could co-opt new members if needs; and invite representatives of local and development aid organisations to its meetings.

According to the release, the committee will formulate the national logistic development policy, provide legal support to attract investment in the logistics sector and simplify the existing policy frameworks.

It will also provide overall guidance in formulating logistics sub-sector based policies and development strategies.

The committee will monitor, review and evaluate the overall progress of the implementation of the logistics development strategy.