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Pakistan’s High-tech Port of Call

International observers of Pakistan often perceive the country in terms of its challenges; and, indeed, there are many. South Asia's second-largest economy is ranked 144th in the World Bank’s Doing Business index and faces a host of pressing issues, from flare-ups of insecurity, to power supply disruptions, to a shortage of financing options in underdeveloped regions.

To balance this one-sided perspective, I frequently invoke our country's boundless potential. Pakistan is in a prime location on the East-West trade routes. It also has a large and youthful population — roughly 60% of our 196 million-strong country is under 25. Properly exploited, this youth bulge could support years of solid economic growth and transform the country into a trading powerhouse.

When it comes to trade, Pakistan has significant room to grow. Despite a doubledigit growth in container volumes over the past five years, our total international trade in the 2015-16 period was a mere US$65 billion. As the country develops, this value will certainly increase. As it does, Pakistan will need the right supporting infrastructure in place. Here, Hutchison Ports Pakistan is already playing an important role. 

Captain Syed Rashid Jamil, Chief Executive Officer, Hutchison Ports Pakistan, Karachi, Pakistan

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