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Labrish
Nyuuz
Port power struggle heats up as Pakistan ministry and FPCCI plot private takeover
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[QUOTE="Munyaradzi Mafaro, post: 51128, member: 636"] Pakistani shipping bosses and business leaders joined forces during crucial talks that will reshape the country's port operations forever. Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry sat down with Federation of Pakistan Chambers of Commerce and Industry heavyweights to hammer out a game-changing partnership. The government official pushed for deeper private sector involvement in massive infrastructure projects linked to Chinese economic partnerships. FPCCI President Atif Ikram Sheikh brought along three top business figures to seal the landmark cooperation deal. Both sides agreed that formal consultation channels would connect national port planning with private enterprise demands. Chaudhry outlined ambitious plans for upgrading Karachi Port Trust, Port Qasim Authority, and Gwadar Port while promoting sustainable ocean economy projects. The minister highlighted recent digital transformation efforts and environmental improvements that have already delivered concrete results across Pakistani ports. He challenged business chamber representatives to identify lucrative investment opportunities spanning maritime transport, seaside tourism, fishing industries, and ship construction sectors. Sheikh praised the ministry's stellar performance after Karachi Port Trust smashed cargo handling records during the previous financial year. The chamber boss promised complete backing for ongoing maritime sector overhauls. The productive meeting featured Sheikh Umer Rehan from the Pakistan Vanaspati Manufacturers Association alongside coordination chief Malik Sohail Hussain. Kunwar Qutubuddin Khan from Lakeshore Towers and Kunwar's Associates rounded out the influential business delegation. Government and private sector leaders pledged stronger collaboration on seaborne trade expansion and economic development initiatives. The partnership aims to address business community concerns while boosting Pakistan's maritime competitiveness. Public-private cooperation will drive future port modernization and logistics corridor development under the broader China-Pakistan Economic Corridor framework. [/QUOTE]
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Nyuuz
Port power struggle heats up as Pakistan ministry and FPCCI plot private takeover
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