Maersk to Invest $2 Billion in Pakistan’s Port and Transport Infrastructure
ISLAMABAD: Danish shipping giant Maersk has announced a $2 billion investment in Pakistan’s port and transport infrastructure over the next two years, a move facilitated by the Special Investment Facilitation Council. This significant investment aims to bolster infrastructure development and drive economic growth in the region.Pakistan to receive US$2.8 billion loan from IMF
Minister for Maritime Affairs Qaiser Ahmed Sheikh will travel to Denmark later this month to sign a memorandum of understanding between Maersk Shipping Company and the Karachi Port Trust.
In a statement, Qaiser Ahmed Sheikh highlighted Karachi’s substantial potential to boost exports and affirmed that the Ministry of Maritime Affairs is committed to creating a conducive environment for the business community to thrive.