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Nishat Group agrees to invest in establishment of new port in Pakistan: Junaid Anwar Chaudhry

Nishat Group has expressed its willingness to invest in developing Pakistan’s proposed new port, following a meeting between Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and the group’s chairman, Mian Muhammad Mansha. During the meeting, the minister emphasised the importance of greater private-sector participation in mobilising investment, introducing modern technologies and expanding the country’s port infrastructure.

He said developing additional port facilities was strategically important for strengthening Pakistan’s maritime economy, improving trade connectivity, and enhancing its capacity to handle growing cargo volumes.

The minister said the government was committed to creating a business-friendly environment and facilitating domestic and foreign investors interested in exploring opportunities in the maritime sector.

Mian Muhammad Mansha expressed interest and agreed to explore investment opportunities in the new port, signalling the potential for public-private collaboration in expanding Pakistan’s maritime infrastructure to facilitate export-oriented industries of the country to tap the real export potential of Pakistan.

Junaid Chaudhry said developing another port would open new avenues for economic growth, create employment opportunities, and strengthen Pakistan’s position as a regional trade and logistics hub.

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