To make the most of Pakistan’s unique and enviable position at the heart of the world’s most dynamic trading area and at the crossroads of the fastest-growing region in the world, the Logistics Strategy strives to support export development in the country. In this strategy, logistics is seen as a trade support function, complementing Pakistan’s National Freight and Logistics Policy.
Logistics performance is one of the main ingredients for trade competitiveness, export growth and diversification. Pakistan’s logistics industry is conscious of the increase in regional competition and the systemic digitization of the industry. Therefore, improving logistics performance will not only help Pakistan maintain its position as a major exporter, but, more importantly, will also help it diversify its export basket. These aspects highlight the need for accelerated structural reform of the logistics industry.
Efficient logistics are the best way to expand indirect export revenue and provide the necessary links for industries to expand export processing, trading and manufacturing in Pakistan. To make the most of Pakistan’s unique and enviable position at the crossroads of the fastest-growing region in the world, the Logistics Function Strategy strives to expand transhipment operations and fully exploit the growing opportunities in commercial hub and e-commerce activities.
The logistics Strategy will improve the regulatory environment, creating the right conditions to allow the private sector to export. This will attract the investment needed to upgrade facilities across the country, from cold storage solutions to multi-user facilities.
Strategic development of the Pakistani logistics industry will make the country a connecting point for Central Asia, China, and South Asia by providing business-to-business, business-to-consumer and e commerce services.
For coherence, Pakistan’s logistics industry vision draws on the National Freight and Logistics Policy document, and is as follows:
‘To drive economic growth and trade in Pakistan by increasing the country’s competitiveness through an integrated, seamless, efficient, reliable and cost-effective freight transport and logistics network, leveraging best-in-class technology, processes and manpower.’
The Strategy emphasizes the following strategic and operational objectives: