Pakistan's maritime minister announces plans to boost ports, attracting global investments with tax incentives.

Pakistan's Minister for Maritime Affairs, Qaiser Ahmed Sheikh, announced improvements in the country's ports, attracting investments from global companies. Sheikh highlighted Gwadar Port's rapid development, set to handle 50% of Pakistan's trade. The ministry plans to introduce a new maritime policy offering tax incentives to foreign investors, aiming to make the sector environmentally friendly.

November 18, 2024
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