Nishat Group has expressed willingness to invest in the development of Pakistan’s proposed new port. This follows a meeting on November 13 between the group’s chairman, Mian Muhammad Mansha, and the Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry.
During the meeting, Minister Chaudhry emphasised the importance of greater private-sector participation in mobilising investment, introducing modern technologies, and expanding the country’s port infrastructure. He stated that 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, who is described as one of the richest persons in the country, expressed interest and agreed to explore investment opportunities in the new port. This signals the potential for public-private collaboration in expanding Pakistan’s maritime infrastructure to facilitate export-oriented industries in the country and tap real export potential of Pakistan.
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.
