The world’s largest port authority shows interest in investing in Pakistan

28 April 2024

Published in: Nashville

APM Terminals, the world’s largest port operator, expressed its willingness to invest in Pakistani ports during a visit to the Ministry of Maritime Affairs on Thursday, ARY News reported.

According to the details, a delegation led by Danish Ambassador Jakob Linulf, and comprising CEO of APM Terminals, Keith Svendsen, visited Federal Minister of Maritime Affairs Qaiser Ahmad Sheikh and discussed possible investment opportunities in Pakistan’s maritime sector .

Qaiser Ahmad Sheikh welcomed the delegation and said the Nawaz-led Pakistan Muslim League federal government was committed to creating a favorable environment for foreign investors.

The minister said that Pakistan has become a hub for foreign investors, especially after the establishment of the Special Investment Facilitation Council (SIFC).

Qaiser Ahmad Sheikh also emphasized the importance of promoting the blue economy for economic stability. He said the importance of the blue economy is the need of the hour.

“The government is committed to supporting initiatives that promote sustainable economic growth,” the minister added.

Danish Ambassador Jakob Linulf said they are interested in environmentally friendly investments in Pakistan. He also assured his country’s assistance in protecting Pakistani ports from environmental pollution.

Earlier in March, France showed interest in investing in Pakistan’s energy sector.

The interest was expressed by a French delegation led by its Deputy Head of Mission Guillaume Dabouis during a meeting with Energy Minister Dr. Musadik Masood Malik in Islamabad.

The French officials showed keen interest in investing in various aspects of Pakistan’s energy landscape, ranging from the supply of LNG cargo to the exploration of energy resources and projects aimed at improving energy trade, distribution and transmission within the country.