WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

Pakistan Railways cargo service to be Reformed

by News Desk
in Business, Main
Reading Time: 2 mins read
Pakistan Railways upgrading cargo transportation service
Share on FacebookShare on Twitter

Pakistan Railways is determined to upgrade cargo transportation services to facilitate the industry, said Pakistan Railways Secretary Habibur Rehman Gilani.

He also said that the initiative would reduce the cost of doing business for the industry and enable exporters to compete with regional competitors.

RelatedPosts

Pakistan approaches Saudi Arabia, UAE to meet IMF conditions

SBP reserves jump to $4.6bn after Chinese inflow

Weekly inflation jumps to 46.65% on record flour price

He dispelled the impression that cargo handling was not a priority of the entity.

“Cargo handling by Pakistan Railways increased from 0.4 million tons in 2012 to over 5 million tons in 2017,” he revealed.

He expressed the commitment to further improve the cargo handling segment by focusing on cost-effective, expeditious and state-of-the-art cargo movement.

“Pakistan Railways, being an essential component of economic security of the country, is being upgraded to ensure least human interaction for the provision of quality services,” he said.

“The department has already outsourced its freight handling segment to Pakistan Railways Freight Transportation Company and we are in the process of outsourcing passenger trains as well.”

He announced complete facilitation for businessmen from his organisation in terms of logistics and cargo transportation.

The secretary called for forming a joint railways-Aptma committee for the resolution of day-to-day operational issues.

Speaking on the occasion, Aptma Chairman Rahim Nasir highlighted the strengths and potential of textile industry of Pakistan.

He emphasised that the textile sector was on a growth trajectory with a lofty export target of $21 billion for the current fiscal year. He pointed out that the sector shipped merchandise worth $15 billion abroad last year.

“The industry is set to receive new investment of $5 billion, add 100 new plants and create 500,000 extra jobs,” he announced.

He appreciated the government for providing an enabling environment for growth of the textile industry. “The consequent increase in exports is earning foreign exchange for the country.”

The Aptma chairman proposed a dedicated freight corridor for effective and expeditious transportation of cargo.

Tags: CargoPakistan RailwayTransportation
News Desk

News Desk

Next Post
How to Your Favorite for ICC Player of the Month

How to Vote for your Favourite ICC Player of the Month

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Top 5 Fruits in Pakistan
  • Shadab backs ‘talented youngsters’ despite Afghanistan loss
  • Pakistan approaches Saudi Arabia, UAE to meet IMF conditions
  • Twitter announces removal of pre-Musk’s takeover blue ticks from April 1
  • Govt sets up roadblocks to thwart PTI’s Minar-e-Pakistan rally

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk