Maritime Minister Junaid Chaudhry Meets Mian Mansha as Nishat Group Eyes Investment in New Port

ISLAMABAD: Nishat Group, one of Pakistan’s largest business conglomerates, has expressed interest in investing in the development of a proposed new port, signalling potential private-sector participation in strengthening the country’s maritime infrastructure.The development followed a meeting between Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Nishat Group Chairman Mian Muhammad Mansha, according to an official statement issued on Friday.

During the meeting, the minister highlighted the importance of greater private-sector involvement in mobilising investment, introducing modern technologies and expanding Pakistan’s port infrastructure.He said the development of additional port facilities was strategically important to strengthening the country’s maritime economy, improving trade connectivity and enhancing its capacity to handle increasing cargo volumes.The minister reaffirmed the government’s commitment to creating a business-friendly environment and facilitating both domestic and foreign investors seeking opportunities in the maritime sector.Mian Muhammad Mansha expressed keen interest in exploring investment opportunities in the proposed new port, indicating the potential for public-private collaboration to expand Pakistan’s maritime infrastructure and support export-oriented industries.

He also acknowledged the importance of exploring opportunities that could help Pakistan unlock its untapped export potential.Junaid Anwar Chaudhry said the establishment of another port would create new avenues for economic growth, generate employment opportunities and strengthen Pakistan’s position as a regional trade and logistics hub.