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Pakistan Seeks Foreign Investment to Develop Maritime Sector

Pakistan’s Federal Secretary for Maritime Affairs, Syed Zafar Ali Shah, has emphasized the maritime sector’s role in economic growth, stating that the government is working to attract foreign investment.

Speaking to PTV News, he stated efforts are underway to create a business-friendly environment to encourage investment and enhance economic development.

Shah noted that Pakistan’s maritime sector holds significant potential, with new policies being introduced to facilitate investors.

He added that several countries have shown interest in the sector, and the government is taking steps to support investment.

Pakistan has a long coastline with key ports, including Karachi Port, Port Qasim, and Gwadar Port, which handle a large share of the country’s cargo and container traffic. The government aims to leverage these assets to strengthen the economy.