Pakistan’s ports attract US business interest in new trade push

Event features speakers from several government embodies including Ministry of Maritime Affairs, Port Qasim Authority, and Abu Dhabi Ports
An undated image. — US consulate
An undated image. — US consulate 

More than 65 companies in the United States participated in an important webinar held this week as part of a discussion on the business opportunities at Karachi Port and Port Qasim, Pakistan's two leading ports.

The US Department of Commerce and the Department of State collaborated with the Ministry of Maritime Affairs to present the webinar. 

Notably, the webinar was part of the series called "Gateways to Growth: South Asia Port Opportunities", designed to connect American companies with business industry sectors in South Asia.

During the event, port officials and private operators from Pakistan discussed their infrastructure aspirations, access to goods, and the effects of trade regulations and identified investment possibilities at the ports.

The event featured speakers from the Ministry of Maritime Affairs, Port Qasim Authority, Abu Dhabi Ports (operator of the Karachi Gateway Terminal), and Dubai Ports World (which operates at Port Qasim).

US Consul General Scott Urbom said the session demonstrated how both countries can benefit from collaborating. 

“We believe that by partnering, we can unlock the full potential of Pakistan’s port sector and create strong opportunities for American businesses,” he said.

Director at the US International Development Finance Corporation Ean Hundley added, “This gives American firms direct access to local decision-makers and important market knowledge to support smart investments.”