Chinese companies show interest in NLC infrastructure
Pak-China Business Forum was held at Expo Center Lahore under the auspicious of COMSATS University in which over 700 delegates from 400 Chinese and 300 Pakistani companies participated. The forum consisted of stalls of Chinese companies in various sectors including logistics that offered an opportunity to the Pakistani businessmen to meet their Chinese counterparts.
NLC being the premier logistics organization in the country also set up stall at the exhibition which attracted a large number of Chinese logistics firms and businessmen who evinced keen interest in the vast infrastructure, existing cargo lifting capacity and expertise of NLC with regard to supply chain management.
Several meetings between representatives of Chinese logistics companies and NLC officials were held on the sidelines of the four days exhibition. NLC officials briefed the Chinese delegates on the operational capabilities of the organization with special focus on freight services, dry ports and border terminals set by NLC at key entry / exit points for facilitation of transit trade with neighbouring countries.
The meetings focused on emerging logistics challenges in the backdrop of CPEC project and the enormous opportunities it may accrue to the business communities of both the countries. It was agreed during the meetings that this game changer project requires a robust logistics mechanism and modern transport system for which devising a coordinated strategy was of vital importance. The representatives of NLC and their Chinese counterparts discussed various options and vowed to continue the consultative process in future as well.
The volume of cargo traffic between China and Pakistan is expected to grow manifold in the coming years which will essentially need induction of modern prime movers and setting up auxiliary facilities on CPEC routes. Logistics companies of both countries stressed the need further expand mutual cooperation and carry out comprehensive analysis of the future transportation requirements.
Pakistan China Business Forum has provided as excellent platform for business communities of both countries to interact with each other, share their experiences and explore all potential opportunities in industrial sector in general and logistics in particular.