Delays in Cargo, shipments will negatively effects Revenue of the city
By Web Deskupdated : 3 months ago
Karachi: 31 August 2020: According to the Logistics Performance Index, which is an interactive benchmarking tool created to help countries identify the challenges and opportunities in their performance on trade logistics and how they can improve, Pakistan ranked 125th among 160 nations in 2018. Pakistan does not have a logistic friendly profile, the cost of doing business here in Pakistan is increasing and the bottlenecks are mounting.
Exports and trade at Port city Karachi and 2 of its ports are being heavily disturbed due to heavy rain, parts of the city are submerged in water, whereas Sindh Government worked tirelessly due to Muharram procession and cleared several roads, by arranging heavy technology to drain water from areas, despite few areas are dealing with the mess.
The rain has left behind the record of 89 years in the history of Sindh's heart " Karachi".There have been delays in Cargo and shipments. Contrary to this, the shipments are delayed from 10 days, its not only the rain but the fragmented infrastructure that can not increase exports and lack of capacity. Ease in lockdown (in European states, the United State and others ) created a suitable environment for states like Pakistan which export raw material and value-added textiles to other states.
Investing in Port infrastructure and urban sewerage system have hardly been the priority of previous Governments. The Government and State Bank are reviving their policy and wanted to bring the economy on its feet after COVID. However, such efforts will pay off only partially unless we start to invest heavily in our trade and urban infrastructure to produce exportable surplus and efficiently ship it to buyers abroad.
Delays in Cargo, shipments will negatively effects Revenue of the city
By Web Deskupdated : 3 months ago
Karachi: 31 August 2020: According to the Logistics Performance Index, which is an interactive benchmarking tool created to help countries identify the challenges and opportunities in their performance on trade logistics and how they can improve, Pakistan ranked 125th among 160 nations in 2018. Pakistan does not have a logistic friendly profile, the cost of doing business here in Pakistan is increasing and the bottlenecks are mounting.
Exports and trade at Port city Karachi and 2 of its ports are being heavily disturbed due to heavy rain, parts of the city are submerged in water, whereas Sindh Government worked tirelessly due to Muharram procession and cleared several roads, by arranging heavy technology to drain water from areas, despite few areas are dealing with the mess.
The rain has left behind the record of 89 years in the history of Sindh's heart " Karachi".There have been delays in Cargo and shipments. Contrary to this, the shipments are delayed from 10 days, its not only the rain but the fragmented infrastructure that can not increase exports and lack of capacity. Ease in lockdown (in European states, the United State and others ) created a suitable environment for states like Pakistan which export raw material and value-added textiles to other states.
Investing in Port infrastructure and urban sewerage system have hardly been the priority of previous Governments. The Government and State Bank are reviving their policy and wanted to bring the economy on its feet after COVID. However, such efforts will pay off only partially unless we start to invest heavily in our trade and urban infrastructure to produce exportable surplus and efficiently ship it to buyers abroad.
