PAKISTAN
A high-level delegation from MAERSK, led by the Senior Director of APM Terminals, called on Federal Minister for the Board of Investment (BOI) Qaiser Ahmed Sheikh and presented the company’s ambitious plans to develop major maritime and logistics infrastructure in Pakistan.
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
MORE NEWS
Pakistan, Netherlands Explore Expanded Energy Cooperation
PAKISTAN Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with H.E. Robert Jan…
Proposal to Establish Blue Economy Sectoral Council to Boost Exports
PAKISTAN Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, held a meeting…
Pakistan raises climate concerns at Arctic Circle Rome Forum
WORLD Federal Minister for Climate Change Musadik Masood Malik represented Pakistan at the Arctic Circle…
OGDCL, PPL Announce Oil and Gas Discovery at Baragzai X-01 Well
PAKISTAN Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) have announced…
Supernet Announces CEO Change, Jamal Nasir Khan Appointed as New Chief Executive
PAKISTAN Supernet Limited has announced a change in its top management, informing the Pakistan Stock…
Building Future with Tech-Skilled Youth
By Ramesh Raja Sindh, with its rich cultural heritage and industrious population, is home to…


Leave a Reply