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
Pharmacists Call for Medicine Price Regulation, Raise Concerns Over Pharma Sector
Representatives of the Pakistan Young Pharmacists Association (PYPA) and other stakeholders on Monday urged the…
Colour and Chem Expo 2026 Showcases Industry Innovation, Attracts 350 Exhibitors
The 11th Colour and Chem Expo 2026 concluded at the Lahore Expo Centre on Sunday,…
Pakistan Weighs Honeywell Proposal to Upgrade Oil Refineries
Pakistan is considering a proposal by US-based Honeywell Technologies to modernise and expand the country’s…
Canva Offers to Lead PIA Rebranding Through National Design Contest
Canva has proposed organising and funding a nationwide design competition to help rebrand Pakistan International…
Freelancing Emerges as Major Foreign Exchange Earner for Pakistan
Pakistan’s freelancing sector has emerged as a major contributor to the national economy, generating more…
Government Reviews Wheat Stocks, Says Supply Remains Stable
Federal Minister for Economic Affairs Ahad Cheema chaired a high-level meeting on Tuesday to review…

