Friday, September 20, 2024

Shipping Giant Maersk Likely to Invest $2 Billion in Pakistan

Minister for Maritime Affairs Qaiser Ahmed Sheikh has announced that Maersk will invest $2 billion in Pakistan’s port and transport infrastructure over the next two years.

This major investment aims to boost the country’s export abilities and drive economic growth. A formal agreement is set to be signed during Sheikh’s visit to Denmark.

The government is also introducing new measures to support and improve the maritime sector. This significant investment highlights the progress Pakistan has made in its maritime and transport industries.

Much of this progress is due to the efforts of the Special Investment Facilitation Council, which has been working to improve the sector’s overall development.

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