BusinessNews

UAE Logistic Giant To Seek Investment opportunities in Pakistan Ports

ISLAMABAD – UAE delegation led by Muhammad-ul-Muhalim Managing Director & CEO of DP World and Uma- ul-Muhiri Vice President (‘VP’) Government Affairs UAE met with Mr. Ali Zaidi (Federal Minister for Maritime Affairs) on Monday – 10th Aug, 2020 to seek Investment Opportunities in Pakistan.                                                                      

The meeting was also attended by Chairman China Pakistan Economic Corridor (‘CPEC’) and Special Assistant to the Prime Minister on Information and Broadcasting Lieutenant General (Retired) Asim Saleem Bajwa.                                                                                           

The Secretary Maritime Affairs Rizwan Ahmed and Chairman Port Qasim was also present during a meeting. 

The UAE delegation has shown interest in the development projects of Pakistan and keenly interested to seek Investment Opportunities in Pakistan, said Ali Zaidi in a tweet.

Back in February DP World said that it would return to full state ownership and delist from the NASDAQ Dubai, in a deal worth some $2.7 billion. The new deal puts the market value of DP World, which operates some 78 ports and terminals in 40 countries, at just under $14 billion.

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