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Reading: Port Qasim Modernization to Drive Pakistan’s $100B Revenue Target
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Port Qasim modernization
PhotoNews Pakistan > Business > Port Qasim Modernization to Drive Pakistan’s $100B Revenue Target
Business

Port Qasim Modernization to Drive Pakistan’s $100B Revenue Target

Web Desk
By Web Desk Published November 3, 2025 2 Min Read
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Port Qasim. Image Credit: Pakistan Today
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Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, announced a comprehensive modernisation plan for Port Qasim on Monday, targeting the facility to generate at least half of Pakistan’s ambitious $100 billion national revenue goal.

The announcement follows the port’s recent recognition as the world’s ninth most improved container port. Minister Chaudhry stated that this achievement reflects the success of ongoing reforms, which have increased the port’s performance score by 35.2 points through reduced cargo dwell times and the adoption of digital tools.

A central pillar of the modernisation is the creation of Pakistan’s first “Sea-to-Steel Green Maritime Industrial Corridor.” This initiative is designed to revive Pakistan Steel Mills and is projected to save the country $13 billion over the next decade.

The two-phase project will:

  • Leverage the Iron Ore and Coal Berth (IOCB) terminal to restart the steel mills.
  • Establish an Integrated Maritime Industrial Complex (IMIC) that links ship recycling with steel production to boost domestic output and create jobs.

The Ministry of Maritime Affairs will implement this project jointly with the Ministry of Industries to ensure sustainable development.

The Port Qasim Authority (PQA) is driving several key projects to expand capacity and efficiency:

  • Development of new multipurpose and container terminals.
  • Creation of the Port Qasim Special Economic Zone (PQSEZ) to attract investment.
  • Integration of “Green Port” technologies and environmental initiatives.

The minister also highlighted that enhanced road, rail, and digital connectivity, along with energy projects like LNG terminals within the port area, are crucial for reducing logistics costs and strengthening Pakistan’s trade competitiveness. The ultimate vision is to transform Port Qasim into a comprehensive maritime-industrial ecosystem that powers the nation’s future economic growth.

Read: Port Qasim Ranks 9th Most Improved Port in World

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