Geneva: Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, met with Soren Toft, CEO of Mediterranean Shipping Company (MSC), at MSC’s office in Geneva to explore potential investment opportunities and ways to expand the company’s engagement with Pakistan.

According to Press Information Department, the meeting focused on Pakistan’s strategic geographical advantages, including its seaports such as Karachi Port, Port Qasim, and Gwadar, which serve as gateways for international trade. Mr. Toft expressed interest in investing in Pakistan and discussed potential business expansions. Mr. Sheikh welcomed MSC’s interest, emphasizing that the company’s global scale and maritime expertise could create significant opportunities for Pakistan’s shipping and logistics sectors.

Mr. Sheikh invited MSC to send a delegation to Pakistan to explore potential cooperation areas firsthand. MSC agreed to arrange a visit, paving the way for further discussions on potential projects. The Minister noted that MSC’s engagement could significantly enhance Pakistan’s maritime infrastructure and trade connectivity.

MSC, headquartered in Geneva, is one of the world’s largest shipping companies, operating around 1,000 vessels and serving over 520 ports globally. Under Mr. Toft’s leadership, MSC accounts for 21-22 percent of global container shipping capacity. The Federal Minister reiterated Pakistan’s commitment to facilitating foreign investors and translating international interest into concrete partnerships.

The meeting marks a step towards enhanced collaboration between Pakistan and MSC, with the proposed delegation visit expected to advance discussions on investment opportunities.