Nishat Group expresses interest in investing in Pakistan’s proposed new port

Nishat Group has expressed interest in exploring investment opportunities in Pakistan’s proposed new port, following a meeting between its chairman, Mian Muhammad Mansha, and Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry.

The meeting focused on expanding Pakistan’s port infrastructure and attracting private-sector investment to the maritime sector, according to a press release issued on November 13.

Chaudhry highlighted the importance of private investment in mobilising capital, introducing modern technologies and expanding the country's capacity to handle growing cargo volumes.

He said developing additional port facilities was strategically important for strengthening Pakistan’s maritime economy and improving trade connectivity.

Mansha expressed interest in exploring investment opportunities in the proposed port, which the government sees as a potential area for public-private collaboration.

The minister said the project could support export-oriented industries by improving access to port facilities and helping businesses tap Pakistan's export potential.

Chaudhry added that developing another port could create employment opportunities, support economic growth and strengthen Pakistan's position as a regional trade and logistics hub.

The press release did not disclose the proposed port's location, estimated project cost, development timeline or the size of Nishat Group's potential investment.