Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the development of a 400-acre small industrial estate at Port Qasim, aiming to promote industrial growth and strengthen investor confidence in Pakistan.
Speaking at the Karachi Chamber of Commerce & Industry, the minister said the project will adopt a modern approach where infrastructure will be fully developed before plots are allotted.
He added that facilities such as roads, utilities, and landscaping will be completed in advance to provide investors with a ready-to-operate environment.
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He noted that this strategy differs from conventional practices where undeveloped land is offered, often causing delays for businesses. The initiative is expected to improve ease of doing business and attract both local and foreign investment.
During the session, officials from Karachi Port Trust highlighted the recent surge in transshipment activity due to regional geopolitical developments, including disruptions linked to the Strait of Hormuz.
The minister said Pakistan handled record container volumes within 24 days, showcasing the operational strength of its ports.
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To enhance competitiveness, the government has reduced port charges by up to 60 percent and improved port efficiency through expansion of terminal capacity and clearance of long-pending cargo.
A high-level facilitation committee has also been formed to ensure quick resolution of operational issues.
The minister further announced plans to introduce Roll-on/Roll-off (RoRo) shipping services, which will facilitate vehicle imports and strengthen logistics operations.
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On governance, strict reforms have been introduced at Port Qasim to prevent land misuse and speculative trading. Investors will be required to submit feasibility plans and ensure project completion before ownership transfer, while the sale of undeveloped plots has been restricted.
Additionally, the Port Qasim Authority has approved a development budget of Rs35 billion for infrastructure development in the Eastern Zone, where work is expected to begin soon.
Business leaders welcomed the initiative but emphasized the need for long-term, sustainable policies to support trade and industry. They also highlighted structural challenges such as Pakistan’s high freight costs and reliance on foreign shipping lines.
