Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Christopher Nolan The Odyssey trailer
    Videos

    Christopher Nolan Drop ‘The Odyssey’ Trailer

    December 23, 2025 2 Min Read
    Supergirl trailer Milly Alcock
    EntertainmentVideos

    DC Releases First ‘Supergirl’ Trailer Starring Milly Alcock

    December 12, 2025 2 Min Read
    Hunger Games Sunrise on the Reaping trailer
    EntertainmentVideos

    Hunger Games Prequel Trailer Sparks Fan Frenzy Over 10-Second Silent Cliffhanger

    November 21, 2025 3 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

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Pope Leo XIV

Pope Leo Condemns Gaza Suffering and Calls for Peace in Christmas Address

Joe Russo Home Alone 2

Joe Russo Rewatches Home Alone 2 and Spots a Long-Ignored Plot Gap

PTA SIM registration warning

PTA Issues Warning on SIM Registration, Accountability, and Biometric Scams

Post Archives

More Popular from Photonews

Pakistan government loans FY 2025-26
Pakistan

Government Borrowing Reaches Rs858 Billion in First Five Months of Fiscal Year

1 Min Read
Universal Studios Saudi Arabia
Top NewsWorld

Universal Studios in Talks Over Possible Saudi Arabia Theme Park

3 Min Read
Pakistan weekend weather forecast rain snow
Khyber Pakhtunkhwa

Rain and Snowfall Grip Upper Khyber Pakhtunkhwa as Temperatures Plunge

2 Min Read
Pakistan

Gold Prices Rise Further as Global and Local Rates Hit New High

Gold prices continued their upward momentum on Saturday, gaining in both international and domestic markets and…

December 20, 2025
Business

World Bank Urges Pakistan to Unbundle Gas Utilities to Cut Losses

The World Bank has urged Pakistan to prepare a clear roadmap for gas-sector reforms, with a…

December 19, 2025
Business

Precious Metals Shatter Records as Gold Tops $4,500

The precious metals market reached a historic milestone this week. Gold surged past the $4,500-per-ounce mark…

December 24, 2025
Pakistan

Govt Declares December 25 Public Holiday for Quaid Day and Christmas

The federal government of Pakistan has officially announced a national holiday on December 25. This day commemorates the birth anniversary…

December 23, 2025
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

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?