ISLAMABAD, Aug 1 (APP):Danish shipping giant AP Moller–Maersk (MAERSK) announced on Thursday to plan to invest billions of US Dollars in Pakistan’s Maritime infrastructure in Karachi Port in May 2024.
Acco
rding to a press release, a me
eting of the steering committee to facilitate investment from Denmark in Maritime sector, particularly from leading shipping company Maersk line in Pakistan was held in Islamabad under the Chairmanship of the Federal Minister for Finance and Revenue Aurangzeb Khan.
The me
eting discussed the progress on signing of the MOU between Pakistan and Denmark rega
rding public-private partnership for sustainable infrastructure.
“The investment will focus on improving the port’s infrastructure, logistic warehousing, ship breaking and port development”.
Federal Minister Maritime Affairs Qaiser Ahmed Shaikh also attended the me
eting online, along with Federal Secretaries of Maritime Ministry and Chairman, KPT.
