‘Logistics inefficiencies hamper trade’, says FPCCI

‘Logistics inefficiencies hamper trade’, says FPCCI

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has identified the logistics sector as a major structural constraint to trade and investment, with inefficiencies costing the economy significantly more than in advanced economies. FPCCI President Atif Ikram Sheikh said Pakistan’s logistics sector accounts for 15.6pc of GDP, compared to 8-9pc in developed economies such as the United States, Japan, and Singapore. He wa…