Hong Kong: Minister for Maritime Affairs Qaiser Ahmed Sheikh has extended an invitation to international shipping companies to invest in Pakistan. Speaking at the Global Maritime Trade Summit in Hong Kong, he highlighted the strategic advantages and upcoming incentives aimed at attracting foreign investors to the country's maritime sector.According to Radio Pakistan, Qaiser Ahmed Sheikh announced plans for a new maritime policy that promises tax exemptions and other incentives for foreign investors. He emphasized Pakistan's prime geographical location, which facilitates the easy transportation of goods to major markets including China, Central Asian countries, and the Middle East.The Minister also provided updates on the progress at the Gwadar Port, indicating that it is on the verge of becoming fully operational. He noted that the federal cabinet has mandated that fifty percent of the nation's trade should pass through this crucial port. The Gwadar Port is seen as a pivotal hub for enhancing trade with C hina, Russia, Hong Kong, and other international partners.
RECENT NEWS
DPM Reaffirms Steadfast Support for Lebanon’s Sovereignty
September 15, 2026
Pakistan and Lebanon Commit to Strengthening Security and Intelligence Ties
September 15, 2026
DPM Praises Positive Trajectory in Pakistan-US Relations
September 15, 2026
Fixed Tax Scheme for Retailers Will Remain Successful: Bilal
September 15, 2026
President Calls for Reinforcing Pak-China Strategic Trust
September 15, 2026
DPM Stresses Simple Registration for PM’s Fuel Relief Scheme
September 15, 2026
Government Announces Revision of Petroleum Product Prices
September 15, 2026
Jamaat-e-Islami Welcomes Government’s Fuel Relief Measures
September 15, 2026
ADVERTISEMENT