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Pakistan to Receive $2 Billion Investment for Port Qasim Modernization

Pakistan to Receive $2 Billion Investment for Port Qasim Modernization

Pakistan is expected to receive $2 Billion in new investment to upgrade and expand Port Qasim under a long-term development strategy. The funding will support major infrastructure projects aimed at improving the country’s trade and logistics network.

According to reports, the $2 Billion investment is expected to come from the United Arab Emirates (UAE), Tรผrkiye, Qatar, and China. The development plan will be implemented over the next 30 years to modernize the port and strengthen its role in regional trade.

The investment will focus on expanding port infrastructure, improving cargo handling facilities, and enhancing transport connections. Officials believe the project will increase Port Qasim’s capacity and improve the movement of goods across Pakistan.

One of the key projects already underway is a $250 million dredging project. The first phase has started, and it aims to deepen the port’s navigation channel.

Once the dredging work is completed, Port Qasim will be able to accommodate larger vessels with a draft of up to 18 metres. This is expected to improve shipping efficiency and increase cargo handling capacity.

The development plan also includes significant investment from the Reko Diq Mining Company. The company will invest $150 million at Port Qasim to support mineral exports from the Reko Diq mining project.

As part of the project, new rail infrastructure will be developed to transport minerals from the Reko Diq mine to Port Qasim. The improved rail connection is expected to make mineral exports more efficient and reduce transportation costs.

Another important component of the modernization plan is the ML-1 railway project. A new railway link is being constructed between Pipri and Port Qasim to strengthen freight transportation.

The railway line will not only support mineral exports but will also help transport Thar coal in the future. Officials believe the improved rail network will boost industrial and commercial activity.

Authorities are also working to integrate sea, rail, and road transport into a single logistics system. The goal is to create faster and more efficient cargo movement throughout the country.

A multi-logistics park at Pipri is also part of the plan. The facility is expected to reduce freight traffic on Karachi’s major roads by shifting more cargo to rail transport.

In addition, officials are planning to connect Gwadar Port, Karachi Port, and Port Qasim through an integrated transport network. This system is expected to improve coordination between Pakistan’s major ports and strengthen the country’s supply chain.

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Overall, the $2 Billion investment marks a major step toward modernizing Port Qasim and improving Pakistan’s transport infrastructure. The long-term development plan is expected to support trade, attract additional investment, and strengthen the country’s position as a regional logistics hub.

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