MAERSK Shares Plans for New Port and Shipping Terminal in USD 2 Billion Investment Proposal

The delegation shared that MAERSK aims to establish a new port, a state-of-the-art shipping terminal, and extensive supply chain and warehousing facilities, forming part of a proposed USD 2 billion investment. The project, they noted, would generate long-term benefits for both Pakistan and the global shipping giant, significantly enhancing the country’s trade capacity.

Welcoming the delegation, the Federal Minister reaffirmed the government’s strong commitment to supporting international investors. He emphasized that Prime Minister Muhammad Shehbaz Sharif and the Finance Ministry are united in prioritizing foreign investment and improving the overall business environment.

He added that the BOI is actively strengthening policy frameworks, investor facilitation mechanisms, and ease-of-doing-business initiatives to accelerate major international investments.

Both sides acknowledged that Pakistan and MAERSK share a forward-looking vision for sustainable growth in the maritime and logistics sectors. An MoU already signed between the two parties marks a significant milestone toward deeper collaboration.

The Minister assured MAERSK of BOI’s full support throughout the investment process, stating that this is “a peak time for investment in Pakistan” as the government remains focused on attracting and enabling global companies to expand their operations in the country. – ER News Desk

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top