The roads are congested owing to paucity of linking under passes, bridges and ring roads. There is an immense need to avoid congestion near port areas for a quicker delivery and dispatch of cargo. Government has to take it seriously and need urgent compliance, which is must for the economic growth of the country.
Ateeq urged that there is a dire need to increase their functional capacity by 100 percent in the next couple of years. He said it is sad that currently the investors' confidence is at historically low level in Pakistan which reflects continuously the decline in large and small scale industrial growth rate, rising cost of doing business and increased cost of capital.
A decline of more than 30 percent in the rupee value and 100 percent rise in interest rate in span of just 12 months has shocked Investors. The current monetary policy and exchange rate policy is the wrong response to our economic woes, which has put the economy in slow down position, thus leading to unemployment and poverty. Ateeq further highlighted the scale of challenges faced by port/container terminal operators and how they need to be improved.