New Investment Proposals Worth Up to $9 Billion Received for Maritime Sector: Maritime Affairs Minister

Islamabad: Amid changing dynamics in shipping routes across the Gulf region, Pakistan is emerging as an important destination for international maritime investors. Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has confirmed that the government has received attractive investment proposals worth between $6 billion and $9 billion for the development of Pakistan’s maritime infrastructure.

Expansion of Modern Terminals and Infrastructure

According to the Federal Minister, the proposals include major projects at the country’s ports aimed at increasing trade capacity and strengthening maritime infrastructure.

Key Projects: Construction and expansion of cargo, LNG, oil and modern container terminals.

National Ports Master Plan: Development of advanced ship-bunkering facilities, off-dock terminals and additional transshipment capacity.

Financial Performance: During the last fiscal year, Pakistan’s maritime sector generated a net profit of $396 million, reflecting the effective utilization of the country’s strategic geographic position.

Target of a $100 Billion Maritime Economy by 2047

Junaid Anwar Chaudhry emphasized that Pakistan is being developed as a permanent and sustainable regional maritime hub, rather than serving as a temporary alternative during times of crisis.

He stressed that the government’s priority is not merely to increase the maritime sector’s contribution to GDP, but to transform it into a major engine of foreign-exchange earnings, industrial development and employment generation.

Under this long-term vision, the government has set a strategic target of expanding Pakistan’s maritime economy to $100 billion by 2047.