Business
Maersk to invest $2b in different sectors
Maritime Affairs minister says Karachi has great potential to increase export
![Maersk to invest $2b in different sectors](/media/115114/conversions/Maersk-1280x720.webp)
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.
-
Pakistan 2 days ago
Intelligence reports show BLA martyred DC Panjgur: Bugti
-
Pakistan 2 days ago
Faiz Hameed's case should not be politicised: Chairman PTI
-
Sports 2 days ago
Well done Arshad Nadeem!
-
Pakistan 2 days ago
Azma Bokhari extends heartfelt congratulations to Pakistani nation
-
Health 2 days ago
Karachi reports first Congo virus case
-
Pakistan 1 day ago
Internet slowdown after increased security surveillance, blames WISPAP
-
Entertainment 2 days ago
Aima Baig suffers from mini heart attack
-
Pakistan 2 days ago
President approves conferment of awards upon Pakistani, foreign nationals