DAVOS: Prime Minister Anwaar-ul-Haq Kakar on Thursday witnessed the signing of intergovernmental framework agreements between the Ministries of Communications, Railways and Maritime Affairs of Pakistan and the Authorities of Dubai, represented by DP World.
The signing ceremony came about after a gathering between Prime Minister Kakar and Sultan Ahmed bin Sulayem, group chairman and CEO of UAE-based DP World, a multinational logistics firm on the sidelines of the 54th annual assembly of the World Financial Discussion board (WEF).
The agreements cowl potential alternatives in Pakistan for the event of a devoted freight hall, a multimodal logistics park and rail freight terminals on the Pakistani railway community, in addition to, amongst different issues, the event of a coastal financial zone and the dredging of navigation channels on the Pakistani railway community. Port Qasim.
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The Prime Minister expressed satisfaction over the expansion of change, interplay and cooperation between companies in Pakistan and the UAE and highlighted their transformative potential.
He welcomed DP World’s curiosity in increasing its Pakistani operations and guaranteed the corporate of the federal government’s continued help. “Pakistan will proceed to facilitate companion corporations to comprehend its geo-economic imaginative and prescient as a hub of commerce and trade.”
