Health
Danish shipping giant plans $2bn investment
字号+ Author:Smart News Source:US 2025-01-14 19:34:53 I want to comment(0)
ISLAMABAD: The Danish international container shipping company — Maersk Line — has pledged to invest $2 billion in Pakistan’s maritime sector, and the government has expressed its willingness to collaborate. During a meeting with the officials of the shipping giant on Monday, Minister for Maritime Affairs Qaiser Ahmed Shaikh described the investment as a significant achievement for Pakistan’s shipping and logistics industry, underscoring the potential for long-term economic benefits from enhanced cooperation. The officials of Maersk Line showed complete confidence in the government and the Ministry of Maritime Affairs. They expressed their satisfaction in advance over the investment breakthrough. Mr Shaikh reassured Maersk officials of full support in facilitating their operations and addressing any challenges. “We are fully prepared to work with Maersk Line and ensure a smooth and efficient process for their investment,” the minister stated, adding that the terms and conditions of the partnership were being finalised and that Monday’s meeting was invaluable in establishing a clear understanding between the two parties ahead of a formal agreement. The minister expressed optimism that the collaboration would pave the way for further foreign investment and contribute to the growth of Pakistan’s maritime infrastructure. Finance Minister Muhammad Aurangzeb on Monday welcomed APM Terminals’ commitment to invest in Pakistan and assured full support in facilitating the group and providing them with a level-playing and investment-friendly climate.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Smog now a health crisis in Punjab: minister Marriyum Aurangzeb
2025-01-14 18:51
-
Chris Pratt expresses heartbreak over L.A. Fires: ‘absolutely devastated’
2025-01-14 18:25
-
Prince Harry, Meghan take 'important' decision as King Charles finalises will
2025-01-14 17:49
-
Blake Lively, Justin Baldoni's feud takes a dark turn with leaked audio
2025-01-14 17:13
User Reviews
Recommended Reads
Hot Information
- Constitutional bench in SC to start work tomorrow
- Gracie Abrams hits new benchmark with 'That’s So True'
- Los Angeles inferno: What sparked the wildfires?
- Malala Yousafzai 'overwhelmed' on third visit to Pakistan
- Grimes evacuates 'Biblical' wildfires, defends ex Elon Musk
- Meta warned of 'real-world harm' over ending fact-checks
- 'Moana 2' hits theaters amidst lawsuit alleging Disney copied original idea
- Prince William set to embark on key royal duty
- Eva Longoria recalls house evacuation amid LA fires in emotional video
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content