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Home Business

Pakistan, Denmark Strengthen Maritime Ties

by Anum Arif
13/03/2025
in Business, Economy
Reading Time: 2 mins read
0
Pak and Den

🇵🇰🤝🇩🇰 Pakistan and Denmark strengthen maritime ties as they review progress on a $2 billion investment to modernize ports, boost trade, and promote sustainability

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Islamabad, Pakistan – Officials from Pakistan and Denmark convened this week to assess the progress of Denmark’s $2 billion investment in Pakistan’s maritime sector. The high-level meeting was held between Pakistan’s Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, and the Ambassador of Denmark to Pakistan, Jacob Linulf.

Strategic Maritime Partnership

The discussions revolved around the implementation of the Memorandum of Understanding (MoU) signed last year between the two countries. This investment aims to modernize Pakistan’s maritime infrastructure, improve port efficiency, and integrate sustainable practices in shipping and logistics.

Minister Chaudhry highlighted the strategic significance of this collaboration, emphasizing Denmark’s advanced expertise in maritime technology and its potential contribution to Pakistan’s economic growth. The investment aligns with Pakistan’s vision to boost global trade competitiveness through modernized port facilities and efficient maritime operations.

Future Plans: Green Shipping & Workforce Development

In addition to port modernization, both sides explored future investment opportunities in:

  • Green shipping initiatives
  • Renewable energy solutions for ports
  • Capacity-building programs to strengthen Pakistan’s maritime workforce

These measures will support Pakistan’s sustainability goals while fostering innovation in its maritime sector.

Cultural & Economic Cooperation

Beyond economic ties, the meeting also focused on enhancing cultural exchanges and tourism between Pakistan and Denmark. Both officials agreed on the importance of strengthening people-to-people connections alongside business collaborations.

Denmark’s Commitment to Pakistan’s Maritime Sector

Ambassador Jacob Linulf reaffirmed Denmark’s long-term commitment to investing in Pakistan’s maritime sector. He expressed confidence in the country’s potential for growth and reiterated Denmark’s willingness to support sustainable and innovative solutions for the industry.

Minister Chaudhry welcomed Denmark’s investment interest and assured full government cooperation in facilitating Danish investors. Both sides committed to accelerating MoU implementation while exploring additional opportunities for trade, investment, and cultural collaboration.

Tags: DenmarkEconomic Cooperationglobal tradeGreen ShippingMaritime InvestmentPakistanPort Development

Anum Arif

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