NLC should for­mu­late five-year busi­ness plan, says Ah­san Iqbal

The Pak Banker - - NATIONAL -

IS­LAM­ABAD: Fed­eral Min­is­ter Plan­ning, De­vel­op­ment and Re­form Prof Ah­san Iqbal to­day said, "Na­tional Lo­gis­tic Cell (NLC) should for­mu­late a five-year busi­ness plan by set­ting clear ob­jec­tives of the or­ga­ni­za­tion for trans­form­ing it into a lead­ing trans­porta­tion com­pany of the re­gion. Pak­istan is poised to be­come trade & com­merce hub in the re­gion, NLC should pre­pare to take ad­van­tage of fu­ture op­por­tu­ni­ties. NLC should iden­tify mid-term to long term tar­gets for en­hanc­ing the op­er­a­tional ca­pa­bil­ity and ef­fi­ciency of NLC for fu­ture truck­ing and lo­gis­tic needs es­pe­cially in the back­drop of China-Pak­istan Eco­nomic Cor­ri­dor (CPEC), which would gen­er­ate enor­mous op­por­tu­ni­ties in lo­gis­tic sec­tor. Ah­san Iqbal is­sued th­ese di­rec­tions while chair­ing 57th meet­ing of Na­tional Lo­gis­tic Board (NLB) here at Min­istry of Plan­ning, De­vel­op­ment and Re­form.

The board also au­tho­rised NLC to hire a well-re­puted man­age­ment con­sul­tancy firm for for­mu­la­tion of five-year busi­ness plan. It also ac­corded ap­proval to au­dit ac­counts of fi­nan­cial years 2011-12 and 2012-13. Min­is­ter stated, "NLC is play­ing im­por­tant role in na­tional de­vel­op­ment of the coun­try should mod­ern­ize its fleet for pro­vi­sion of ef­fi­cient ser­vices". Min­is­ter said that NLC is the back­bone of lo­gis­tic sec­tor in the coun­try and should fo­cus on its core busi­ness.. Ah­san Iqbal said that NLC should also align it­self with the de­vel­op­ment port­fo­lio of the coun­try by an­tic­i­pat­ing the fu­ture re­quire­ment of the coun­try in lo­gis­tic sec­tor. Min­is­ter noted that CPEC would cre­ate enor­mous op­por­tu­ni­ties in freight and lo­gis­tics and NLC can ben­e­fit from th­ese op­por­tu­ni­ties through im­prov­ing its or­ga­ni­za­tional ca­pa­bil­ity. He di­rected the or­ga­ni­za­tion to ex­plore trans­porta­tion op­por­tu­ni­ties on western route of CPEC as well as at Gwadar, which is the key node of mega pro­ject. He said that CPEC along with CARC would make western route an im­por­tant trade cor­ri­dor for up­coun­try and Afghanistan. NLC should un­der­take the study to ex­plore po­ten­tial av­enues on this cor­ri­dor for its fu­ture growth. Min­is­ter also is­sued the di­rec­tions for com­ple­tion of Na­tional Lo­gis­tic Frame­work and Truck­ing Pol­icy at its ear­li­est for brin­ing im­prove­ment in the truck­ing and lo­gis­tic sec­tor of the coun­try.

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