‘Shipping giant to invest $2bn in Pakistan’

The Minister for Maritime Affairs announced that Danish shipping company Maersk will invest $2 billion in Pakistan’s port and transport infrastructure over the next two years. This investment is expected to contribute to the development of infrastructure and boost Pakistan’s economy. The minister highlighted Karachi’s potential to increase exports and mentioned steps taken by the government to encourage growth in the maritime sector. The investment by Maersk is seen as a sign of progress in Pakistan’s maritime and transport sectors, which is the result of efforts made by the Special Investment Facilitation Council (SIFC). This initiative reflects the government’s commitment to attracting foreign investments and promoting economic development.