Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, expressed a warm welcome on Monday to APM Terminals commitment to invest in Pakistan, emphasizing the government’s support to ensure a level-playing and investment-friendly environment for the company. Senator Aurangzeb met with Keith Svendsen, Chief Executive Officer (CEO) of APM Terminals, in a meeting also attended by key figures from both Pakistan and Denmark.
During the discussion, APM Terminals’ CEO Svendsen provided an overview of the company’s investment plans and its strategies for strengthening Pakistan’s port infrastructure to boost regional trade and connectivity. APM Terminals, a prominent player in port and terminal operations globally, has shown keen interest in advancing sustainable economic growth in Pakistan through its investment initiatives.
Also in attendance were Jakob Linulf, Ambassador of Denmark to Pakistan; Shoaib Sarwar, Pakistan’s Ambassador to Denmark; Rene Piil Pedersen, Managing Director of A.P. Moller Maersk Singapore; Ahmed Hassan, Senior Vice President of A.P. Moller Maersk Group; and Sander Riemersma, Head of Portfolio Strategy at APM Terminals. The meeting, according to the Ministry of Finance’s press release, emphasized shared goals in strengthening economic cooperation between Pakistan and Denmark, including APM Terminals’ involvement in various green initiatives.
The meeting followed the recent signing of a Memorandum of Understanding (MoU) between the governments of Pakistan and Denmark, which aims to boost bilateral relations and promote sustainable economic growth through green Public-Private Partnerships (PPP). APM Terminals is expected to play a vital role in implementing this MoU by investing in environmentally friendly projects that align with Pakistan’s focus on sustainable infrastructure.
Senator Aurangzeb noted that APM Terminals’ investment is a crucial step in Pakistan’s efforts to upgrade its port facilities, which will enhance connectivity with neighboring regions and facilitate increased trade flow. He assured Svendsen and APM Terminals of the government’s support, emphasizing that Pakistan offers a favorable investment climate.
APM Terminals’ CEO highlighted the importance of Pakistan as a strategic location for trade in South Asia, noting the potential for revenue growth and operational expansion. He reiterated APM Terminals’ commitment to building world-class port infrastructure that would support Pakistan’s economic goals while also contributing to regional development.
With APM Terminals’ investment, Pakistan anticipates a positive impact on employment, trade efficiency, and environmental sustainability. Both parties reaffirmed their dedication to strengthening economic ties, with APM Terminals positioned as a key partner in Pakistan’s journey toward sustainable economic progress.
