Federal Minister for Maritime Affairs Qaiser Ahmed Shaikh chaired a meeting to review the progress of foreign investment in Pakistan’s maritime sector. The meeting included representatives from Malaysian companies Felda Global Ventures and KLK Malaysia, alongside Pakistan’s Westbury Group. All companies involved are already operating at Pakistan’s ports, with Malaysian firms expressing interest in expanding their business through these facilities. According to Press Information Department, Qaiser Ahmed Shaikh assured foreign investors of full cooperation, stating that the Port Qasim Authority, Karachi Port Trust, and other related institutions are working to resolve challenges faced by importers and exporters. He emphasized that his office is always open to foreign investors, should they encounter any obstacles. The minister also highlighted a recent agreement with the Danish government, through which Maersk will invest $2 billion in Pakistan’s maritime sector, indicating growing confidence among foreign in
vestors. Shaikh noted the ongoing upgrades of ports, including Gwadar and Karachi, and assured Malaysian investors that Pakistan’s port infrastructure would meet their expectations. He thanked the multinational company representatives for their participation and expressed optimism for continued cooperation between Pakistan and Malaysia, especially following the recent visit of Malaysia’s prime minister.