Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Zayn Malik
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
    Bridgerton Season 4 trailer
    EntertainmentVideos

    Bridgerton Season 4 Trailer Reveals Benedict’s Love Story

    December 26, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Port Qasim Modernization to Drive Pakistan’s $100B Revenue Target
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
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
Share
Port Qasim. Image Credit: Pakistan Today
SHARE

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

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Two Iranian women walk past a poster displaying the Iranian flag.

Iran State Media Labels Protests as ‘Enemy’s War’

Snow Leopard Khunjerab Park

Snow Leopard Spotted Hunting Ibex in Khunjerab Park

Khunjerab Tourism Corridor

Khunjerab Tourism Corridor: How Year‑Round Pass Access Can Boost Pakistan’s Economy

Post Archives

More Popular from Photonews

Graphic showing portraits of key Iranian leaders killed in recent Israeli–U.S. strikes, including senior advisers, intelligence officials, and Revolutionary Guard commanders.
World

Full List of Key Iranian Leaders Killed in US-Israeli Strikes

4 Min Read
PS6 price prediction 2028
Tech

PS6 Price Could Hit $1,000 by 2028 Launch

2 Min Read
US Iran nuclear talks Geneva
Top NewsWorld

US-Iran Ceasefire Prospects Raise Hopes Amid Tensions Under Scrutiny

3 Min Read
World

Serbian Students Clash With Police in Belgrade Protest

A Serbian student clash with police in Belgrade erupted after authorities searched University of Belgrade offices,…

April 1, 2026
Business

Ethiopia Secures $13 Billion Investment Deals

Ethiopia secures $13 billion investment deals following a major conference aimed at attracting foreign capital into…

March 30, 2026
Pakistan

Sohni Dharti Remittance Program: Benefits, Tiers, and How It Works

Overseas Pakistanis can now better understand the Sohni Dharti Remittance Program, a government-backed initiative that rewards…

April 2, 2026
Business

Bank of America Settles Epstein Lawsuit for $72.5M

Bank of America has agreed to a Bank of America Epstein lawsuit settlement worth $72.5 million, resolving…

March 28, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog
  • About Us
  • Privacy Policy
  • Code of Ethics & Editorial Standards

© 2026 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?