The logistics industry in Central and Eastern Europe (CEE) is set to experience a period of high growth over the next five years, going by a new report which predicts the nominal spend on logistics and storage in the region will grow from an estimated $272.3 billion today to $369.4 billion by 2012. On the whole, CEE has a relatively under-developed transportation network but is attracting increasing amounts of investment flows from the EU, local Government and large foreign and domestic private players in the logistics sector.

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