Pakistan to Pitch Mega Projects at Maritime Forum 2025
Government plans setting up Mineral Free Zone at Gwadar Port
Pakistan has decided to pitch multibillion dollars maritime projects to local and foreign investors under ‘profit and sharing model’ in Gwadar and Karachi Ports in the upcoming Pakistan Maritime Investment Forum 2025.
The government is likely to hold maritime investment forum by end of this month.
Maritime Minister Junaid Chaudhry held an important meeting on Wednesday to seek proposals of investment projects from different departments.Gwadar to Join China, Iran, Turkiye Trade Corridors
The officials of Gwadar Port Authority, Karachi Port Trust, Port Qasim and Pakistan National Shipping Corporation (PNSC) attended a meeting.
Sources told NewzTodays that officials of PNSC floated an idea of profit and sharing model relating to investment projects.
KPT officials informed that it had sufficient land which could be offered to the local and foreign investors in upcoming maritime investment forum 2025.
It was also informed that an idea was also discussed to pitch investors to invest in Gwadar Port. The idea was also floated to set up mineral free zones to be set up at Gwadar Balochistan province to attract investment in minerals.
The government is already working on attracting investment in mineral sectors. The government has already decided to use Gwadar Port for transportation of minerals.
The government is at advance stage to develop multibillion dollars Rekodiq gold and copper project in Balochistan.
Pakistan has already held Pakistan minerals investment forum and and had offered investors from different countries including United States, United Kingdom and China.
The investors from these countries had also expressed keen interest to invest in Pakistan’s mineral sector.
Even the investors from US, Germany, Japan and Denmark had also offered financing for Rekodiq gold and copper project.
Pakistan had already closed financial close for the Rekodiq gold and mining project. Pakistan required $3 billion financing for this project. But these countries had offered around $6 billion financing for the gold project.
Saudi Arabia had also shown interest and wanted to acquire 15 percent shares in Rekodiq gold and copper project. China is already working on gold and copper project in Balochistan province.
So, Pakistan Investment Forum 2025 is an attempt to operationalize the Gwadar port,” sources said adding that KPT, Port Qasim, PNSC and Gwadar port authority officials have been asked to bring concrete proposals regarding the investment projects to be pitched to local and foreign investors.
