By creating an integrated and an efficient logistics and transportation system Pakistan is seeking to upgrade the national transportation infrastructure, as per the vision 2025. The strengthing of the transportation network and the logistics infrastructure depends on the speedy development of the special economic zones and the industrial parks that are along the China Pakistan Economic Corridor. The contribution of the road freight is ninety percent of the cargo that is transported by land.
The share of the rail freight is likely to increase due to the transformation and expansion. Development of the road network is of high priority. The private sector participation in the logistics infrastructure development is expected to increase. Transportation and warehousing are going to be the next big thing in leading the logistics industry in 2016 till 2020.
CPEC and Logistics Industry
The opportunities in the logistics and freight forwarding industry of Pakistan are estimated to be thirty one billion dollars approximately in 2015. Inter provincial high speed connectivity, reduced prices in transportation cost, rural and urban areas to be connected effectively, these are a few targets that are set in the national development strategy for the transportation sector.
The primary macro level development for the logistics industry are the up gradation of all the major airports and the trans shipment hubs, e-commerce, innovation of the railways for effective rail transportation and developing state of the art cargo villages. China Pakistan Economic Corridor projects envision to completely revamp the land transportation and all the infrastructures related to logistics by creating cargo villages and building logistic parks.
Warehousing and storage requirement are increasing by every passing day ever since the CPEC has taken off. CPEC related industrial corridors are demanding increased storage and warehousing facilities and most of all cold chain logistics demand is increasing. Building a one of its kind cargo village will help facilitate good cargo influx to the central Asian states and Pakistan can be a major trans shipment hub in the region.