Pakistan aims to host first maritime investment conference to boost blue economy

Pakistan aims to host first maritime investment conference to boost blue economy
Vehicles move past a warehouse yard with shipping containers near port area in Karachi, Pakistan, July 31, 2025. (Reuters/File)
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Updated 08 October 2025
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Pakistan aims to host first maritime investment conference to boost blue economy

Pakistan aims to host first maritime investment conference to boost blue economy
  • Event will highlight investment opportunities in ports, fisheries and coastal tourism
  • Date and venue of the conference are under discussion and will be announced soon

ISLAMABAD: Pakistan plans to hold its first-ever maritime investment conference to attract local and international investors and strengthen the country’s blue economy, the government said on Tuesday.

The country is striving to modernize its ports and customs systems to improve efficiency, speed up cargo handling and facilitate businesses engaged in imports and exports, aiming to boost national revenue.

Earlier this year in August, Prime Minister Shehbaz Sharif directed officials to cut the time required to process containers to avoid congestion at port facilities.

The government not only wants a more efficient system for its own trade but also hopes to handle cargo from the landlocked Central Asian republics, giving them greater access to global markets through sea lanes.

“The upcoming conference will present both micro and macro investment opportunities to domestic and international investors across all ports and affiliated departments,” Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said, according to an official statement issued after a planning meeting.

“The initiative seeks to attract sustainable investments to strengthen the blue economy and maritime infrastructure,” he added. Officials said the Pakistan Maritime Investment Conference 2025 would serve as a strategic platform to position the country as a regional hub for maritime investment and innovation.

The date, venue, and thematic focus of the event were discussed during the meeting, with these details expected to be announced soon.

Discussions during the planning meeting focused on investment opportunities in port infrastructure, marine transport, fisheries, shipbuilding, and coastal tourism, in line with Pakistan’s broader economic diversification and sustainable development goals.

The ministry said a media and branding campaign would promote the event globally, targeting investors, financial institutions and development partners.

Chaudhry also directed officials to finalize standardized templates for investment proposals to streamline the evaluation and approval processes for new ventures in the maritime sector.

The minister said the conference would mark a “significant milestone” in advancing Pakistan’s maritime ambitions and strengthening public-private collaboration to unlock the country’s economic potential.


Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference

Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference
Updated 04 November 2025
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Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference

Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference
  • Country’s commerce minister calls for harmonized trade rules, digital cooperation across OIC states
  • He proposes OIC Green Finance Mechanism, knowledge-sharing center for agriculture, manufacturing

KARACHI: Pakistan has urged Muslim nations to deepen economic and digital integration, according to an official statement on Tuesday, calling for the removal of trade barriers and joint investment in green and technology-driven growth across the Islamic world.

Addressing the 41st session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of Islamic Cooperation (OIC), Commerce Minister Jam Kamal Khan said stronger intra-OIC cooperation was essential to face global economic, political and environmental challenges.

“For us in the Islamic world, economic cooperation is not merely about trade: it is about forging stronger bonds of partnership and mutual benefit,” he told delegates.

Khan said intra-OIC trade remained below potential due to regulatory barriers, limited connectivity and infrastructure gaps while calling for cutting non-tariff barriers, streamlining customs and harmonizing trade regulations to enable freer movement of goods and services.

“Pakistan believes the OIC Trade Agreement should become a real tool for trade liberalization and cross-border facilitation,” he said, urging more private-sector engagement and public-private partnerships to spur investment and job creation.

The minister highlighted the need to prioritize digital integration in areas such as e-commerce, fintech and digital infrastructure to create new opportunities for youth and entrepreneurs.

“By promoting digital integration, we can enhance market access and create new prospects for innovation and growth,” he said.

He also proposed the creation of an OIC Green Finance Mechanism to fund climate-resilient and renewable-energy projects, stressing that economic progress must align with environmental stewardship.

Khan suggested establishing an OIC Center of Excellence for knowledge sharing and capacity building in sectors such as agriculture, manufacturing and clean energy.

Speaking on behalf of the Asia Group of OIC member states, he pointed out that while digital technologies were reshaping trade and finance, significant disparities persisted in broadband coverage, data governance and cross-border payments.

“The Muslim Ummah must act decisively to ensure that no member state is left behind in this digital transformation,” he said, urging investment in secure and inclusive digital infrastructure and Shariah-compliant financial tools for small and medium enterprises.