Ports, Logistics & Transportation

  In the global context, efficient logistics industry is a backbone of any economy and plays a strategic role in the overall economy of a country. Logistic industry eliminates wastages and makes the entire supply chain process efficient for the availability of the right product at the right time at economical cost. Key players in the sector such as the port and airport operators, the cargo handling company, freight forwarders, …

  In the present age of globalization, Gwadar port has greater scope and tremendous potential to emerge as distribution and logistics hub in the region. Strategically located Gwadar port can be converted into a regional hub of international trade. By virtue of its geography, Gwadar has greater potential, wider scope and brighter prospects to emerge as center of trade and commerce serving at least 20 countries in the Asian region. …

  Development under Gwadar is likely to give support to this neglected market Pakistan automobile market witnessed a rapid growth and hefty expansion over the past decade, yet Balochistan could not see any development in auto and allied sector. The province was simply neglected and no plan was formulated for development of automobile industry. The present economic managers should take some practical measures to exploit the geo-strategic position of the …

  Corporation has world’s youngest fleet of quality vessels India, Sri Lanka, Bangladesh and multinational companies charter its vessels Despite ECC decision, public sector organizations reluctant to utilize PNSC services Pakistan can save huge cost being paid to foreign flag-ships Interview with Brig. (Retd) Rashid Siddiqui – Executive Director PNSC (Administration) and former chairman PNSC   Profile Brig. (Retd) Rashid Siddiqui is the Executive Director (Administration), Pakistan National Shipping Corporation, …

  Wrecked by thirty years of collapse, bad administration and corruption, the Pakistan Railways unwaveringly going in the right way. The Pakistan Railways management made some substantial developments in financial and operational sides in 2015. It strengthened its passenger operations by improving express trains. It also enhanced number of freight trains and seriously working on growth-oriented projects including some most predominant and much-needed projects under the China-Pakistan Economic Corridor (CPEC). …

  In Pakistan automobile market trend is enhancing and the next target for the country’s auto sector (2016 to 2021) was to attain the production benchmark of 0.5 million units per annum, which presently is half of it. Experts revealed that the potential investment of $46 billion by CPEC (China-Pakistan Economic Corridor) is a big opportunity for the automobile sector. The optimistic impact analysis of CPEC explains growth in infrastructure …

  Pakistan Railways has always remained ahead of all in the nationwide sport activities and keeping that in view it has been planned to raise sports budget for the department from the FY2016-17. Currently the players are rewarded with a gold medal and cash prize of Rs10,000 which would be increased to Rs50,000. China-Pakistan Economic Corridor (CPEC) would also assist develop transportation system of Pakistan. It is also revealed that …

  Deficit is gradually decreasing while better performance is increasing income of the organization After years of poor performance, Pakistan Railways (PR) is now moving on fast track development with much to satisfaction of its customers. Railways has finally reduced its deficit to Rs27.25 billion for fiscal year 2014-15 and earned Rs31.92 billion against the target of Rs28 billion. The cash-strapped Railways has managed to strengthen its fiscal position. “It …

  The industry views it as a balanced policy with certain reservations The approval of auto policy 2016-21 by the Economic Coordination Committee (ECC) is aimed at removing uncertainty with regards to future duty structure and investment incentives in the automobile sector of Pakistan. In this regard, the Chief Operating Officer (COO) Indus Motor Company, Mr. Ali Asghar Jamali while reviewing the Auto Policy 2016-2021 approved said that Automotive Development …

  Port has wider scope and brighter prospects as a trade and commerce hub to serve 20 countries in Asia After the formal declaring of Gwadar Port a free trade zone and handing over to China last year, all business affairs of the Gwadar Port in Balochistan now are being carried out by Chinese authorities. Last year, the Pakistan government has formally handed over the 2,281 acres free trade zone …