Transport
SASEC Transport Sector Strategy
- Create dynamic multimodal transport networks and effective logistics facilities to increase intraregional trade and boost economic growth
- Facilitate planning and implementation of regional and national SASEC transport projects that benefit all members
- Support the strategic priorities of the South Asia Association for Regional Cooperation at the inter-regional level
Key Facts
- At least 70% of freight is moved by road throughout South Asia
- South Asia has one of the largest railway networks in the world, stretching over 77,000 km mostly through India, Pakistan, and Sri Lanka
- Air freight grew at 7.5% per annum during 2001-2004
- Passenger air travel is growing at 12% per annum
Key Challenges
- Deteriorating road networks damage cargoes and delay transit times
- Railway networks suffer from inadequate loop lengths, missing shorter links in border areas, and insufficient gauge conversion programs
- National transport systems in South Asia lack effective cross-border infrastructure, holding up trade
- Lack of modern automated border procedures (documentation and inspection) lead to higher costs and more time for goods, vehicles and traders to cross borders
- Inadequate regional uniformity of standards costs business time and money
Unlocking the Future:
Multimodal Transport Connectivity
- Improving the efficiency of regional transport and trade facilitation could lead to increased intraregional trade within South Asia of almost 60%
- Expanding the range of effective transport corridors into multimodal economic corridors could increase trade from South Asia with the rest of the world by over 30%