ISLAMABAD, Aug 1 (APP):Danish shipping giant AP Moller–Maersk (MAERSK) announced on Thursday to plan to invest billions of US Dollars in P
akistan’s Maritime infrastructure in Karachi Port in May 2024.
According to a press release, a meeting of the steering committee t
o facilitate investment from Denmark in Maritime sector, particularly from leading shipping company Maersk line in P
akistan was held in Islamabad under the Chairmanship of the Federal Minister for Finance and Revenue Aurangzeb Khan.
The meeting discussed the progress on signing of the MOU between P
akistan and Denmark regarding public-private partnership for sustainable infrastructure.
“The investment will focus on improving the por
t’s infrastructure, logistic warehousing, ship breaking and port development”.
Federal Minister Maritime Affairs Qaiser Ahmed Shaikh also attended the meeting online, along with Federal Secretaries of Maritime Ministry and Chairman, KPT.
