Pakistan’s ambitious plan to secure a massive USD 2 billion investment from shipping behemoth MAERSK moved a step forward on Wednesday, as top government officials met with a high-level company delegation to review the progress of the proposed landmark project.
The delegation, headed by the Senior Director of APM Terminals, briefed Federal Minister for the Board of Investment (BOI) Qaiser Ahmed Sheikh on the extensive plans. The comprehensive initiative includes the development of a new port, a cutting-edge shipping terminal, and the expansion of supply chain and warehousing infrastructure in the country.
During the meeting, it was noted that the venture would bring significant mutual benefits to both the nation and the global shipping giant. Both sides concurred they share a common vision for growth and enhanced connectivity, highlighting a previously signed Memorandum of Understanding (MoU) as a key step toward future collaboration.
Welcoming the company’s representatives, Mr. Sheikh reaffirmed the government’s solid commitment to facilitating international investors. He stated that Prime Minister Muhammad Shehbaz Sharif and the Finance Ministry are fully aligned on advancing foreign investment, adding that the BOI is actively working to bolster policy support and create a more conducive business environment.
The minister assured the delegation that the BOI would extend its full support to ensure ease of doing business and smooth progress throughout the investment process. He concluded that the current period represents an optimal time for foreign capital influx into Pakistan and reiterated the government’s readiness to fully facilitate major global companies.