Maritime Affairs minister says Karachi has great potential to increase export
Karachi: Danish shipping company Maersk will invest two billion dollars in Pakistan's port and transport infrastructure over the next two years due to the efforts of Special Investment Facilitation Council, claimed Minister for Maritime Affairs Qaiser Ahmad Sheikh.
In a statement Minister said that the investment under this project will contribute to the infrastructure development and economic improvement.
Sheikh stated that Karachi has great potential to increase exports and the Ministry of Maritime Affairs is providing an enabling environment to the business community in this regard.
Minister for Maritime Affairs Qaiser Ahmed Sheikh will visit Denmark this month for the signing of a memorandum of understanding between Maersk Shipping Company and Karachi Port Trust.
Security forces kill 22 more terrorists during pursuit operations in Balochistan: sources
- 9 hours ago
Rose breaks 36-hole Torrey Pines mark, up 4 shots
- 18 hours ago
Israel reopens Gaza’s Rafah border crossing to Egypt, with limits
- 9 hours ago
Iranian president orders start of talks with US: local media
- 6 hours ago
Security forces committed to eliminate anti-Pakistan proxies: Attaullah Tarar
- a day ago
Fire breaks out at mobile market in Karachi’s Saddar
- 3 hours ago
Pakistan vigorously working on economic reform agenda, PM tells WB chief
- 8 hours ago
Field Marshal vows to strengthen Pakistan-Libya relations
- 3 hours ago
Oracle shares fall as investors assess up to $50 billion AI funding plan
- 5 hours ago
Gold prices continue to drop in Pakistan, global markets
- 10 hours ago
PM urges KP govt to fulfill its responsibilities for law and order, health, education sectors
- 9 hours ago
Pakistan team departs for Sri Lanka for T20 World Cup
- 6 hours ago
