PM Shehbaz orders massive port reforms to slash business costs, cargo delay

PM Shehbaz Orders Major Port Reforms

Prime Minister Muhammad Shehbaz Sharif has directed major reforms at Pakistan’s ports to reduce cargo delays and unnecessary testing, noting that inefficiencies are harming trade and economic growth. He ordered reductions in port charges, improved rail connectivity from ports, and faster dredging and expansion projects, especially in Karachi, to allow larger vessels. The PM also proposed a transparent auction system and dedicated yards for aband…

Prime Minister Orders Major Port Reforms to Speed Up Trade and Cut Business Costs

Prime Minister Muhammad Shehbaz Sharif has directed port authorities to drastically reduce cargo dwell time and remove unnecessary laboratory testing, saying inefficiencies at ports are increasing business costs and slowing Pakistan’s economic growth. The orders were issued during a high-level meeting focused on improving port performance and trade facilitation. Chairing the private sector working group […] The post Prime Minister Orders Major P…

PM for further steps to boost business, economic activities at ports

Prime Minister Muhammad Shehbaz Sharif, Wednesday, emphasized upon the significance of ports that played an extremely important role in boosting business activity and economic growth and directed various steps for accelerating the trade, connectivity and economic activity. Chairing a meeting regarding the working group constituted for reforms at country’s ports, he directed that various departments linked with ports should further enhance mutual…

PM Shehbaz orders massive port reforms to slash business costs, cargo delay

Prime Minister Muhammad Shehbaz Sharif on Wednesday directed port authorities to drastically reduce cargo “dwell time” and eliminate unnecessary laboratory testing to facilitate the business community and bolster national economic growth. Chairing a high-level meeting of the private sector working group on port development, the prime minister emphasised that Pakistan’s maritime gateways are the backbone of the economy. He instructed that various…