US investors eye Pakistan's port sector
Over 65 US companies joined a webinar hosted by the US Department of Commerce's International Trade Administration and the US Department of State, in collaboration with Pakistan's Ministry of Maritime Affairs, to explore commercial opportunities at Karachi Port and Port Qasim.
The session, part of the "Gateways to Growth: South Asia Port Opportunities" series, served as a strategic platform for American companies to engage directly with Pakistani port officials and private operators.
Senior representatives from the Ministry of Maritime Affairs; Port Qasim Authority; Abu Dhabi Ports, which operates Karachi Gateway Terminal Ltd; and Dubai Ports World, which operates Qasim International Container Terminal outlined Pakistan's infrastructure goals, regulatory landscape and trade priorities.
"US investors have made substantial contributions to Pakistan's development and we are confident that the port sector will be another area where we can achieve great success together," said US Consul General Scott Urbom, while emphasising the role of partnership in fostering long-term commercial ties. "We believe that by working together, we can unlock the full potential of Pakistan's port sector, create new opportunities for American businesses and contribute to Pakistan's economic development," he said.
The hybrid session highlighted how American firms could support Pakistan's port development plans, help expedite trade flows and build new supply chain linkages between the two countries. US International Development Finance Corporation's Director of ICT and Infrastructure Policy Ean Hundley noted, "This initiative equips US companies with market intelligence and direct access to local decision-makers, enabling them to capitalise on infrastructure opportunities across South Asia."
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