$2b investment deal with Maersk on cards

[FOOLS_NIGHTMARE]

Maersk will start investing from October in areas including infrastructure, terminals, warehousing, shipbreaking, etc

Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has announced that he will leave for Denmark this month to sign an MoU with Maersk, a renowned European shipping giant, which intends to invest $2 billion.

"Maersk will start investing from October 2024 in numerous areas including infrastructure, terminals, warehousing, shipbreaking, etc, which will make Karachi a transshipment hub," he said while delivering a speech at the closing ceremony of the 19th My Karachi exhibition at the Karachi Expo Centre.

He said, "Karachi is undoubtedly the hub of Pakistan, which holds excellent potential to enhance exports. The maritime affairs ministry is making all-out efforts to create an enabling environment but the business community will also have to come forward."

"To encourage investment in the maritime sector, the government has withdrawn sales tax on processing plants, fishery seeds and feed in this year's budget. We are ready to provide land where businessmen can establish processing plants for marine exports," he said.

 

[PakFactor]

MOU Zindabad.

 

[Barcid]

And he said it with a straight face too

 

[hydrabadi_arab]

Please bump this thread again in November 2024.

 

[last-soul]

Why do Pakistanis brag so much?

How about you get on with the task, sign legally binding documents and then announce? This is such a horrible trait amongst our people.

 

[Tameem]

Why do Pakistanis brag so much?

How about you get on with the task, sign legally binding documents and then announce? This is such a horrible trait amongst our people.

When there is so much Anti Pakistan propaganda on the web, then these kind of things are need of the hour. We are in difficult situation due to Mukti Imrani and these things keeping calm on the Pakistani streets is welcoming inhredient.

Mukti Bahini Finished, Mukti Imrani next.

 

[FOOLS_NIGHTMARE]

Maersk to invest $2bn in Pakistan's port, transport infrastructure​

Investment to focus on ports, terminals, dredging, transshipment, and road construction

Danish shipping company Maersk plans to invest $2 billion in Pakistan's port and transport infrastructure over the next two years, facilitated by the Special Investment Facilitation Council (SIFC). The investment will target port development, terminals, dredging, transshipment, and road construction.

Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh will visit Denmark this month to sign a Memorandum of Understanding with Maersk Shipping Company and Karachi Port Trust.

The minister announced that the budget has eliminated sales tax on processing plants, fisheries seeds, and feed in the maritime sector. The government will provide land for building processing plants for marine exports.

Sheikh emphasized Karachi's potential for increasing exports and stated that the Ministry of Maritime Affairs is creating a favorable environment for business. He called on the business community to play an active role in this development.

The SIFC initiative is expected to bring significant progress to Pakistan's maritime and transport sectors. The government views a secure and stable Pakistan as crucial for promoting growth and investment in these sectors, which in turn contributes to national economic development.

Maersk's $2 Billion Investment Plan for Pakistan's Maritime Infrastructure

Danish shipping giant Maersk to invest $2 billion in Pakistan's ports and transport infrastructure, focusing on development and modernization of maritime facilities.

www.samaa.tv

 

[PakFactor]

Maersk to invest $2bn in Pakistan's port, transport infrastructure​

Investment to focus on ports, terminals, dredging, transshipment, and road construction
View attachment 59926
Danish shipping company Maersk plans to invest $2 billion in Pakistan's port and transport infrastructure over the next two years, facilitated by the Special Investment Facilitation Council (SIFC). The investment will target port development, terminals, dredging, transshipment, and road construction.

Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh will visit Denmark this month to sign a Memorandum of Understanding with Maersk Shipping Company and Karachi Port Trust.

The minister announced that the budget has eliminated sales tax on processing plants, fisheries seeds, and feed in the maritime sector. The government will provide land for building processing plants for marine exports.

Sheikh emphasized Karachi's potential for increasing exports and stated that the Ministry of Maritime Affairs is creating a favorable environment for business. He called on the business community to play an active role in this development.

The SIFC initiative is expected to bring significant progress to Pakistan's maritime and transport sectors. The government views a secure and stable Pakistan as crucial for promoting growth and investment in these sectors, which in turn contributes to national economic development.

Maersk's $2 Billion Investment Plan for Pakistan's Maritime Infrastructure

Danish shipping giant Maersk to invest $2 billion in Pakistan's ports and transport infrastructure, focusing on development and modernization of maritime facilities.

www.samaa.tv

It's just an MOU jumbla.