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Ports, Logistics & Transportation

First-ever Metro Train Project

  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 …

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Port development in Pakistan

  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 …

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Custom House Karachi

  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 …

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11,000 used cars imported in 2012-13 hitting badly to domestic automobile industry

  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 …

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Gwadar port project takes off with brilliant economic future

  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 …

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Gwadar Port to usher in new era of progress, prosperity in Balochistan

  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 …

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Toyota regains world’s most valuable car brand spot

  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 …

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Stalled growth in tractor manufacturing

  Agriculture to suffer, farm mechanization stagnant The subsidized tractor imports from Belarus to be made up and assembled in Pakistan as indicated by the government policies is feared to threaten the growth of domestic tractor manufacturing industry. The Belarus state-owned company will initially assemble 500 tractors per year and with the increase in demand it plans to enhance production facility to more than 20,000 units per annum. Tractor industry …

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Gadani ship-breaking industry facing new challenges

  A major contributor to the economy by meeting half of the steel requirement of the country, Gadani ship-breaking industry in Balochistan is the third largest in the world, employing about 10,000 workers and meets one-third of the scrap requirements of the re-rolling mills in Pakistan. The industry is a significant source of supply of steel for Pakistan Steel Mills. It came into a ship-breaking yard in early 70s and …

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Pakwheels: A premium portal and fast emerging online business in Pakistan

  If life was a long drive, it would be best driven by those who value each step taken on the journey. The same goes for those car enthusiasts who always look for a perfect automobile that suits their needs and lifestyle. Your car empowers you to reach a destination in a way, you want to go by, but also leads you to achieve self-actualization and, in simpler words, makes …

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