ISLAMABAD: Government has kicked-off a two year project to formulate National Transport Policy
The policy will cover railways, roads, ports and shipping, aviation, and logistics services.
The project seeks to create a safe, efficient and sustainable transport system to realise Pakistan’s Vision 2025.
Pakistan envisages comprehensive national transport policy and master plan that will help cut travel time and costs. It will boost the country’s economic outlook by positioning Pakistan as a regional hub for trade and business.
The Government of the United Kingdom, through its Department for International Development (DFID), is funding this project under its Pakistan Economic Corridors Programme (PECP). This project will be administered by the Asian Development Bank (ADB).
The National Transport Policy complements co-financing by DFID and ADB for roads in Balochistan, Khyber Pahtunkhwa and Punjab. DFID and ADB are also supporting Sindh and Punjab to develop more commercially viable public private partnerships so
more private finance is available to meet Pakistan’s infrastructure needs.