Ports, Logistics & Transportation

  The automobile industry and the auto parts manufacturers in the country have been suffering greatly due to the inconsistency in import policies and the widespread import of used cars taking place in the country. Personal baggage schemes are being used by used car importers, which are meant only to help overseas Pakistanis to import their used cars into the country. A number of the cars being imported in this …

  Pakistan Automotive Manufacturers’ Association (PAMA) has released its monthly sales data for the month of August registering growth of over 76%MoM, in indication of strong recovery from the adverse impact of advance tax. The prime gainer in the month was Corolla with sale of 3,515 units. Despite the strong recovery the numbers remained under pressure on a cumulative basis, posting a decline of 11.3%YoY in 2MFY15. While auto industry …

  In order to make Pakistan International Airlines (PIA) a profitable entity and to bring back the lost glory of our national-flag carrier, the incumbent Prime Minister Nawaz Sharif just last month has decided to add new Boeing 777 carriers to the PIA fleet. With work being done to restore the country’s airline carrier, it is constantly being stressed that PIA needs to be made into a profitable unit and …

  Govt achieves another landmark of signing $1.6bn deal with China The present PML-N government achieved another landmark, as a historic agreement was signed for first-ever Metro Train Project in Pakistan. Punjab Chief Minister Muhammad Shahbaz Sharif signed the agreement on behalf of the Pakistan government, while Chairman National Development and Reform Commission China, Xu-Shaoshi signed the document on behalf of China for Metro Train Project. Under the agreement, Orange …

  Port benefits are increasingly distributed across different players and concern a geography that transcends the local community. This trend skews the assessment of the benefits of port investments, where the local impacts can be much less significant than the regional or national. Ports are considered as funnels to economic development since they act as a catalyst and incite development to take place in specific economic sectors and locations at …

  Historically, a customs/custom house is a building housing the offices for the government staff that processed the paperwork for the trade of goods into and out of a country while Customs officials also charged customs duty on imported commodities. The house was typically situated near a seaport or in a city on a key river with access to the ocean. These cities performed as a port of entry into …

  The automobile industry is considered as the mother of engineering industry instrumental in building up all the developed economies to the current status. It is, however, unfortunate that the situation in Pakistan is quite different and instead of building up our own automobile industry, the policy makers have a visible leaning towards imports of used cars on the pretext of controlling price inflation in the automotive industry. In fact …

  Gwadar port project has actually taken off in 2015 after eight years of its inauguration in 2007. It is the major development with reference to economic development of Balochistan that took place this year. Last month, Pakistan formally handed over the 2,281 acres free trade zone of Gwadar Port to China on a 43-year lease. After the formal handover of the free trade zone, all business affairs of the …

  Gwadar free port project promises massive investment, greater generation of employment opportunities and more development projects in different sectors of Balochistan. An addition of a new deep-sea port at Pakistan’s coastline marks a new chapter of development efforts in the country. It would serve as a springboard for initiating wide-ranging development activities in Balochistan. The port is bound to usher in the province a new era of progress and …

  Toyota is the world’s most valuable car brand. It is a defined brand that is having quality and value. The brand has finished in the top spot among other renowned auto brands in seven of nine years in a latest study conducted recently through Millward Brown Optimor BrandZ Top 100 Most Valuable Car Brands. The annual BrandZ Top 100 Most Valuable Global Brands ranking was created by Millward Brown …