Islamabad, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Mr. Keith Svendsen, CEO of APM Terminals, to discuss current and future operations in Pakistan. The meeting took place at the Finance Division and was attended by key officials, including the Ambassador H.E. Jakob Linulf, Secretary Maritime Affairs, senior officers from FBR and Finance Division, and other representatives from APM Terminals.
According to Press Information Department, the Finance Minister opened the meeting by expressing gratitude to the Danish Government for its recent support, highlighting the grant for flood-affected communities in 2022 and the $3.8 million grant pledged during the Geneva pledges. He noted that this commitment to Pakistan’s welfare provides a strong foundation for deeper economic ties between the two countries.
The discussion focused on Pakistan’s reform agenda and the government’s dedication to creating an environment conducive to business growth. The Finance Minister emphasized that these reforms aim to boost business confidence and attract investment to Pakistan, especially in the maritime sector. He also noted the government’s enthusiasm to explore future projects and investments with APM Terminals.
Mr. Keith Svendsen shared APM Terminals’ interest in engaging with the Government of Pakistan and expressed optimism about the country’s growth prospects. He mentioned that the company sees great potential in Pakistan’s market and is dedicated to supporting its trade and economic development through expanded investment and operations.
The meeting also addressed the need for improvements in customs rules and regulations to ensure efficient operations in the maritime sector. The Finance Minister pledged his support for streamlining these regulations to promote seamless execution of maritime affairs. Both parties acknowledged the importance of ongoing dialogue and collaboration between public and private sectors to foster stronger economic ties.