BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)

ISLAMABAD: The Ministry of Maritime Affairs on Wednesday unveiled a plan to establish a 150-acre automotive processing zone at Port Qasim, with the facility to be expanded in phases according to market demand.

The plan was announced by the Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry during a meeting attended by Port Qasim Authority (PQA) Chairman, Rear Admiral Syed Moazzam Ilyas (retd), and members of the PQA Board.

The minister said the auto zone would be expanded in phases after completion of the first phase, enabling the project to grow in line with market demand.

The proposed zone will comprise 264 operational units across five specialised segments, including 30 commercial units, 84 refurbishment workshops, 60 car display units, 20 machinery yards and 70 auto spare-parts units.

According to the project concept, the facility will be developed within the Port Qasim industrial corridor, providing direct access to the port and reducing inland logistics requirements for imported and exported vehicles.

Also read: Activities of Karachi Port Trust, Port Qasim

The proposed facility is aimed at creating an integrated platform for vehicle import, refurbishment, display, and export. The project envisages Pakistan’s first dedicated Import-Refurbishment-Export (AIRE) framework for the automotive sector.

Port Qasim’s strategic location has been identified as a key advantage for the project. The port is one of Pakistan’s major gateways for vehicle trade and handles a significant share of the country’s seaborne commerce.

The project proponents estimate that the AIRE Park could generate an annual net foreign exchange surplus of around $200 million, based on an estimated USD 500 million in exports.

The facility is also expected to support automotive businesses by bringing commercial activities, refurbishment facilities, machinery yards, vehicle displays and spare-parts suppliers into a single port-based ecosystem.

The proposed zone would be located along the Arabian Sea shipping corridor connecting South Asia with the Gulf and East Africa, potentially facilitating regional vehicle trade.

Copyright Business Recorder, 2026

Comments

200 characters remaining