Nishat Group eyes investment in Pakistan’s proposed new port

ISLAMABAD (News Desk): Nishat Group has expressed interest in investing in Pakistan’s proposed new port, signalling potential private-sector participation in the expansion of the country’s maritime infrastructure.

The interest was conveyed during a meeting between Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Nishat Group Chairman Mian Muhammad Mansha, where both sides discussed investment opportunities in the proposed project.

During the meeting, the minister emphasized the need for greater private-sector participation to mobilize investment, introduce modern technologies and expand Pakistan’s port infrastructure.

He said additional port facilities were strategically important for strengthening the country’s maritime economy, improving trade connectivity and increasing its capacity to handle growing cargo volumes.

Mian Mansha expressed interest in exploring investment opportunities in the proposed port, raising the prospect of collaboration between the government and one of Pakistan’s leading business groups in developing maritime infrastructure.

The proposed project is also expected to support export-oriented industries by improving access to port facilities and strengthening the country’s trade and logistics network.

Minister Junaid Anwar Chaudhry said the government was committed to creating a business-friendly environment and facilitating domestic and foreign investors interested in the maritime sector.

He said the establishment of another port could open new avenues for economic growth, generate employment opportunities and strengthen Pakistan’s position as a regional trade and logistics hub.

Greater private-sector investment in port infrastructure is considered important for improving the efficiency of trade-related services and supporting the country’s efforts to expand exports.

However, details regarding the proposed port’s location, estimated investment, cargo-handling capacity and development timeline were not disclosed in the announcement.

Nishat Group’s interest comes as Pakistan seeks to attract investment and strengthen its maritime infrastructure to support growing trade requirements and unlock the export potential of its industries.