Pakistan’s crucial ports and shipping industry is underdeveloped, and enhancing it could drastically improve the nation’s economy, stated Pasban Democratic Party (PDP) Chairman Altaf Shakoor on Sunday.

Shakoor noted that despite extensive coastlines and major ports like Karachi and Gwadar, Pakistan trails behind in this vital sector due to flawed governmental strategies. He contrasted this with smaller countries like Denmark and Singapore, global leaders in the industry, attributing their success to focused government support.

Highlighting Denmark”s maritime achievements, he credited the nation’s rich seafaring history, innovative methodology, and strategic planning. Home to prominent shipping corporations like Maersk and DFDS, Denmark boasts a sophisticated maritime infrastructure, encompassing shipbuilders, technology firms, and research establishments. The country excels in alternative fuels and wind propulsion, pioneering intelligent shipping solutions using AI and blockchain technology. Shakoor emphasized Denmark”s supportive tax policies, incentives for shipping enterprises, substantial investments in green transition, and exceptional maritime education as key factors.

Turning to Singapore, he described the small nation as the world”s busiest transshipment center and a maritime services leader. He pointed to the country”s business-friendly environment, lack of capital gains tax, low corporate taxes, and free trade policies, which have attracted over 4,000 maritime companies. Singapore”s focus on digital innovation is exemplified by the Tuas Port, set to become the world”s largest fully automated terminal by 2040, utilizing AI, blockchain, and drone inspections.

Shakoor argued that Pakistan could similarly transform its ports into world-class centers by adopting international best practices and capitalizing on its strategic location. Addressing current shortcomings like obsolete infrastructure, shallow drafts, and low efficiency, he advocated for modernizing equipment, deepening channels, and implementing AI-powered cranes, automated gates, and blockchain cargo tracking.

He proposed establishing specialized terminals for LNG and CPEC rail-linked terminals, drawing inspiration from China”s Yangshan Port. He also suggested enhancing transshipment capabilities through incentives and duty-free policies similar to Dubai.

PDP chief further underscored the need for advanced marine engineering universities and the improvement of port areas like Keamari by tackling pollution, traffic congestion, and encroachments. He concluded that Karachi and Gwadar could become top global ports with adequate government focus and investment.