ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced that Nishat Group, one of the country’s leading industrial groups, has expressed interest in investing in the development of a new port proposed by the government.
The minister announced this here on Friday following a meeting with the Nishat Group’s Chairman, Mian Muhammad Mansha.
During the meeting, the minister emphasised the importance of greater private-sector participation in mobilising investment, introducing modern technologies and expanding the country’s port infrastructure.
He said the development of additional port facilities was strategically important for strengthening Pakistan’s maritime economy, improving trade connectivity and enhancing its capacity to handle growing cargo volumes.
The minister said the government was committed to creating a business-friendly environment and facilitating domestic and foreign investors interested in exploring opportunities in the maritime sector.
Mian Muhammad Mansha expressed interest and agreed to explore investment opportunities in the new port, signalling the potential for public-private collaboration in expanding Pakistan’s maritime infrastructure to facilitate export-oriented industries in the country and tap Pakistan’s export potential.
Junaid Chaudhry said the development of another port would open new avenues for economic growth, create employment opportunities and strengthen Pakistan’s position as a regional trade and logistics hub.
Copyright Business Recorder, 2026