MSC eyes Pakistan maritime investment

GENEVA:

Global shipping giant Mediterranean Shipping Company (MSC) has expressed interest in exploring investment opportunities in Pakistan following a high-level meeting in Geneva.

Federal Minister for Board of Investment Qaiser Ahmed Sheikh met with MSC Chief Executive Officer Soren Toft at the company's headquarters to discuss potential investment opportunities and avenues for expanding MSC's engagement with Pakistan, a statement said on Friday.

Sheikh highlighted Pakistan's strategic geographical location, access to major regional markets and the potential of its seaports, including Karachi Port, Port Qasim and Gwadar, as gateways for international trade and maritime connectivity.

The minister invited an MSC delegation to visit Pakistan to explore cooperation. MSC welcomed the invitation and agreed to arrange a delegation visit to advance discussions on potential investment projects.

Headquartered in Geneva, MSC operates a network of approximately 1,000 vessels, serving over 520 ports across more than 155 countries and accounting for around 21–22% of global container shipping capacity.

Potential areas of cooperation include port-related infrastructure, container handling, shipping and logistics services, warehousing, transshipment and integrated supply-chain solutions.