Pakistan Freight Transport and Shipping 2020
The Pakistani freight complex will feel the trade headwinds emanating from a weak rupee and IMF related austeritymeasures over 2020 as government and household spending remains lacklustre over the short term. That said, we expect trade andfreight prospects to improve markedly from 2021 onwards as rising levels of domestic demand, recovering economic growth androbust infrastructure investments all support headline momentum. Pakistan will also benefit from friendly relations with China,largely in the form the China-Pakistan Economic Corridor that will facilitate greater foreign investments in crucial sectors of theeconomy over the coming decade.
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