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Maersk, a Danish shipping company, is set to invest nearly $2 billion in Pakistan’s maritime sector.

This Memorandum of Understanding was signed by Danish Minister for Industry, Business, and Financial Affairs H.E. Morten Bodskov and Pakistani Minister for Maritime Affairs Qaiser Ahmed Shaikh.

Denmark’s Ambassador to Pakistan, Jacob Linulf, presented the signed document of Danish Minister in this ceremony.

On this occasion, Federal Minister Qaiser Ahmed Sheikh said that we are extremely thankful to the Government of Denmark for this remarkable maritime sector breakthrough.

He further added that as a result of this memorandum, the ministry can integrate logistics hubs in all ports, establish deep water container terminals in Karachi, create International Maritime Organization (IMO) and European Union (EU)-compliant ship recycling facilities in Gaddani, assist the Pakistan Marine Academy to upgrade curriculum and equipment, and provide continuous technical and training assistance to Pakistani ports.

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Maersk to Invest $2bn in Pakistan’s Maritime Sector - Maritime Gateway - South Asia’s Premier Shipping and Logistics News Portal


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