A Memorandum of Understanding (MoU) was signed between Pakistan and Denmark, signifying a significant investment in the country’s shipping industry.
Federal Minister Qaiser Ahmed Sheikh formalized the arrangement, which is expected to draw a sizable $2 billion investment from a major Danish shipping company.
Minister Sheikh received the signed Memorandum of Understanding from the Danish ambassador during the signing event, which was witnessed by a number of dignitaries.
The presence of federal ministers Muhammad Aurangzeb, Jam Kamal, and Rana Tanveer highlighted the significance of this partnership.
Minister Qaiser Sheikh conveyed his appreciation while underscoring the significance of this investment in Pakistan’s maritime industry. He said that there has never been a financial inflow this big.
