Business Recorder
KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a modern small industrial estate at Port Qasim, spanning approximately 400 acres, aimed at promoting industrialization and enhancing investor confidence. Speaking during his visit to the Karachi Chamber of Commerce & Industry on Thursday, the Minister stated that the development strategy would prioritize infrastructure readiness before plot allocation. “Unlike conventional practices where investors are shown undeveloped land, this project will first deliver fully developed infrastructure, including main boulevards, landscaping, and essential utilities, ensuring a business-ready environment prior to allotment,” he said. Referring to the recent surge in transshipment activity amid regional geopolitical developments, including disruptions linked to the Strait of Hormuz, he stated that Pakistan handled a record volume of containers within just 24 days. “While such extraordinary volumes were driven by external circumstances, the real achievement lies in demonstrating Pakistan’s operational capability to efficiently manage volumes within days that would typically take months under normal conditions,” he remarked, while commending KPT officials and workforce for their exceptional commitment. Highlighting measures to enhance Pakistan’s competitiveness in the global maritime sector, the Minister stated that port charges have been reduced by up to 60 percent to attract international shipping lines. He further noted that capacity enhancements, including expansion of off-dock and on-dock terminal areas, and clearance of decades-old abandoned cargo and containers, have significantly improved port efficiency. A high-level facilitation committee, comprising senior officials including Chief Collector Customs Wajid Ali and Member Customs Operations Shakeel Shah, was constituted to fast-track decision-making and resolve long standing issues within hours instead of weeks. He also informed that initiatives are underway to introduce Roll-on/Roll-off (RoRo) shipping facilities to facilitate vehicle imports, supported by dedicated storage and parking infrastructure at port, which is expected to open new avenues for trade and logistics. Praising the performance of KPT, he stated that the institution, which once faced serious operational challenges, has now emerged as a high-performing entity contributing effectively to national economic growth. He further appreciated the role of Pakistan National Shipping Corporation, stating that its proactive deployment of fleet capacity at minimal margins during challenging times ensured uninterrupted fuel supply, thereby preventing shortages and supporting industrial continuity. Focusing on governance reforms at Port Qasim, the Minister stated that strict measures have been implemented to curb land misuse and speculative trading. Investors are now required to submit feasibility plans, establish industrial units, and ensure operationalization before any transfer of ownership is permitted. The sale of undeveloped plots has been disallowed, ensuring that land allocation is strictly tied to genuine industrial activity. A dedicated committee has also been established to resolve property-related issues within weeks, significantly reducing delays. He further announced that the Port Qasim Authority Board has approved a development budget of Rs35 billion for the Eastern Zone, where infrastructure development will commence shortly. Addressing concerns regarding inundated plots at Port Qasim, the Minister acknowledged that land reclamation would require prohibitively high investment. He stated that the government is formulating a policy to offer affected allottees refund or alternative developed plots, subject to submission of viable industrial plans. Chairman KPT Rear Admiral Shahid Ahmed pointed out that transshipment activities are contributing to national revenue through formal channels, while delays in container clearance are primarily linked to late filing of Goods Declarations (GD), requiring procedural improvements. He emphasized the strong potential of Pakistan’s growing bunkering industry, stating that Karachi Port has already serviced over 100 vessels and the sector is expected to generate business worth billions of rupees within the next two years, alongside supporting growth in the refinery sector. He added that the number of bunkering vessels will increase to three by next year and encouraged the business community to invest in this emerging segment. Chairman BMG Zubair Motiwala appreciated the Ministry of Maritime Affairs for introducing a range of reforms aimed at improving the efficiency and performance of the maritime sector. He also commended the leadership of the Prime Minister and the Field Marshal for enhancing Pakistan’s global standing and restoring national confidence. He further stressed that while the Karachi Chamber is regulated by the DGTO, there is a pressing need to establish an effective regulatory framework for shipping lines as well. Zubair Motiwala also drew attention to the persistent delays in plot allotment matters at Port Qasim and urged the authorities to resolve these issues on priority. While supporting reforms in the maritime sector, he cautioned that such initiatives must be practical and result-oriented, expressing reservations over approaches similar to the ‘Uraan Pakistan’ model. Copyright Business Recorder, 2026
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