AMG Logistics’ Post

Investment Opportunities in Trade & Transit Related Infrastructure of Pakistan USAID Pakistan Regional Economic Integration Activity (PREIA) conducted a comprehensive study by commissioning M/S Reenergia to assess critical trade and transit-related infrastructure and identify investment opportunities—both private and public-private partnerships—to improve Pakistan’s trade capabilities. This study focused on various infrastructures, including transport, logistics, warehousing, and cold-chain facilities. The assessment evaluated the current state of trade-related infrastructure, aiming to enhance it through private sector engagement or public-private partnerships. It identified potential investments that yield the highest returns, whether as public goods or private profits, and ranked them based on investment levels, completion timelines, ease of implementation, and their estimated impact on trade costs and competitiveness. The findings were presented to the Ministry of Commerce, where they received positive feedback, paving the way for future collaboration to strengthen Pakistan’s trade landscape. Watch the video to learn more! Amer Zafar Durrani Komal Kenneth Shakeel Sayem Ali #TradeInfrastructure #InvestmentOpportunities #PublicPrivatePartnership #PakistanTrade #PREIA #EconomicGrowth

LIBERIA JOINS AfCFTA AS 48th STATE PARTY SECURES COMMENDATION FROM AfCFTA SECRETARY GENERAL Liberia has been recognized for its prompt ratification of the African Continental Free Trade Area (AfCFTA) Secretariat, officially becoming the 48th state party to the trade bloc. AfCFTA Secretary General Wamkele Mene commended Liberia’s swift action and met with Minister of Commerce and Industry Amin Modad to discuss developing a national strategy that aligns with AfCFTA goals. Mene emphasized the importance of capacity building and invited Liberia to join the AfCFTA’s “Guided Trade Initiative” to facilitate trade readiness from a customs systems perspective. Minister Amin Modad expressed gratitude for Mene’s visit and the AfCFTA Secretariat’s support, while highlighting Liberia’s critical infrastructure challenges, such as transportation, energy, and telecommunications. He called for support in forming public-private partnerships to improve infrastructure and requested assistance in industrial capacity building, particularly in agriculture and mining. Modad also emphasized the need for technology transfer, industrial training programs, and the creation of special economic zones (SEZs). In addition, Modad highlighted the necessity for improved trade finance for small and medium-sized enterprises (SMEs) and proposed developing innovative financial products and enhancing trade facilitation infrastructure. He also stressed addressing the skills gap in Liberia’s labor market through vocational and technical training programs. The AfCFTA aims to accelerate intra-African trade and bolster Africa’s global trading position, fostering socio-economic growth across the continent. #LiberiaAfCFTA #RegionalIntegration #TradeDevelopment #AfricanEconomy #EconomicGrowth

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has projected a 30% increase in trade volume by 2030, the creation of over one million jobs by 2028, and a doubling of the maritime sector’s contribution to Nigeria’s Gross Domestic Product (GDP) from 1.5% to 3% by 2035. Dr. Dantsoho made these projections while presenting a paper titled “Nigeria’s Blue Economy and Ports Infrastructural Development: Read More: https://lnkd.in/dE5_xJib #nigeriannewsdirect #newsdirect #NPA #AbubakarDantsoho #Maritime

Maritime Transport: A Pillar of Resilient African Trade Maritime transport is emerging as a fundamental lever in building resilient African trade, as highlighted in UNCTAD’s recent report. This evolution revolves around several strategic axes that strengthen the continent’s capacity to maintain stable trade exchanges despite global disruptions. Significant Maritime Growth and Flexibility in Crisis The notable increase in port activities in Africa, marked by a 20% rise in container vessel calls and a 38% increase in tanker calls between 2018 and 2023, demonstrates a strengthening of the continent’s logistics capabilities. This progression creates a solid foundation for more robust and diversified trade exchanges.... read more https://lnkd.in/dEav_Jad #MaritimeTransport #transports #trade #tradeinAfrica #logistics #Logistafrica

A New Era for Nigeria's Maritime Industry? The Nigerian Shippers’ Council (NSC), led by Executive Secretary Barrister Pius Akutah, is optimistic that the Nigerian Shipping and Port Economic Regulatory Agency Bill will soon receive Senate approval. This milestone follows the Bill’s passage by the House of Representatives five months ago, bringing it closer to becoming law. Akutah shared this news during his one-year office celebration, highlighting the Bill as a much-needed game-changer for Nigeria’s maritime sector. “This Bill will bring efficiency to the industry, drive economic growth, and create job opportunities,” he emphasized. Once passed, the Bill is set to: Empower the NSC to streamline operations and improve port efficiency. Boost Nigeria’s competitiveness in the African Continental Free Trade Area (AfCFTA) by addressing logistics and connectivity challenges. Enhance the marine and blue economy, creating a globally competitive maritime industry. This initiative aligns with President Bola Tinubu’s vision of revitalizing Nigeria’s maritime sector, aiming for increased GDP contributions and a more stakeholder-friendly environment. Stay tuned as we await the Senate’s decision in the coming weeks, this could be the start of a transformative era for Nigeria’s maritime future! #NigeriaMaritime #PortEfficiency #NSCBill #AfCFTA #EconomicGrowth #BlueEconomy #NigeriaShippersCouncil

🚢 Exciting news for Pakistan's maritime sector! The Special Investment Facilitation Council (SIFC) has successfully revived the 1100 TEU Containership Project, a significant leap toward enhancing our maritime trade and economic self-reliance. This project not only initiates a new era of local vessel manufacturing at costs significantly lower than international prices, but it also stands to save millions in foreign exchange. By strengthening our maritime industry, we are taking a bold step towards revitalizing Pakistan's Blue Economy. #Pakistan #MaritimeTrade #EconomicDevelopment #BlueEconomy

The Special Investment Facilitation Council-SIFC played a pivotal role in reviving the 1100 TEU Containership Project boosting the nation’s maritime trade and economic self-reliance. The important project contract starts a new era of local manufacturing of vessels at significantly lower cost than international market prices, saving millions in important foreign exchange, strengthening Pakistan's maritime industry and self reliance in maritime trade, marking a major step towards revitalising Pakistan's Blue Economy... #RisingPakistan #SIFC 🔗 sifc.gov.pk

The Republic of #Djibouti's geographic and strategic position makes regional integration and trade essential components of its economic growth and resilience. The African Continental #Free #Trade Area (#AfCFTA), with its stated benefits of market opening, economic diversification, improved competitiveness, promotion of regional value chains and attraction of African and international investment, can make a substantial contribution to this. However, to benefit from these opportunities, an optimal #implementation #strategy is crucial, as countries need to strengthen their ability to #trade in accordance with the rules and regulations of the Agreement. This also requires strong political determination, sustained improvement in institutional skills and infrastructure, full involvement of all stakeholders and constant enhancement of technical skills. The Republic of #Djibouti ratified the #ZLECAf agreement in May 2022. Moreover, in its efforts to implement the agreement, the country has already developed, with the support of the ECA, a National #Implementation #Strategy with clear and detailed action plans, including capacity building for stakeholders representing both the public and private sectors. Taking this into account, the Government of #Djibouti, in collaboration with the ECA, is planning to hold a national workshop in #Djibouti from July 9 to 11, 2024, to improve the understanding of the various stakeholders of the rules, instruments, procedures and opportunities for trade and investment in the context of the #AfCFTA. https://lnkd.in/duUSjDAa

Nigeria, with its extensive coastline along the Atlantic Ocean, relies heavily on sea ports to facilitate international trade and economic growth. Consequently, to address the lingering issue of port congestions, inadequate infrastructure and other challenges bedeviling the ports, the Nigerian government introduced the landlord port model to enhance operational performance. Under the Landlord port model, the Nigerian government, through its agency, the Nigerian Ports Authority ("NPA") retained ownership of the ports, together with its superstructures such as quays and berthing infrastructure whilst the actual operational management of these ports were concessioned to various private entities (Terminal Operators) for enhanced productivity. The Parties to these concessions were the NPA, the Terminal Operators and the Bureau of Public Enterprises(BPE) as the Confirming Party. The new Shipping and Port Economic Regulatory Agency Bill, without repealing relevant provisions of the Nigerian Ports Authority Act, now seeks to establish a new Agency, the Nigerian Shipping and Port Economic Regulatory Agency, with powers amongst other things to scrutinize the Port Concession Agreements which the Agency was never a Party to. This article therefore examines the extent of powers exercisable by the Agency, in the light of decided cases on the subject. Click on link below to read. https://lnkd.in/dAPQsP6K

With President, Dr Irfaan Ali assiduously pursuing the goal of regional integration by removing any hindrances, the Private Sector Commission (PSC) has levied its full support for there to be free movement of goods and services. In an interview with the Sunday Chronicle, the Chairman of the PSC, Komal Singh, spoke extensively on how this action would bolster economic prosperity. Trade barriers have long affected regional integration among Caribbean Community (CARICOM) member states and, with that said, efforts are being rolled out to allow the free movement of trade, goods and services. According to the PSC Chairman: “…There are some trade barriers that [are] preventing trade within the CARICOM region and, as a private sector, we feel that movement of goods and services within the region should not have barriers…We have seen some of those barriers affect some of our manufacturing sectors here…” Using the Gas-to-Energy project as an example, he said that although it presents enormous economic opportunities for Guyana’s manufacturing sector, trade barriers could still present a hurdle to the overall success of the local manufacturing sector. “With the Gas-to-Energy project coming on stream two years from now, our manufacturing sector in Guyana will see significant improvement and development. If we continue to have some of those trade barriers, it will not be good for some of those goods and services that we’ve got to produce. Read More:  https://lnkd.in/g9r9JY8w