Pakistan says World Bank recognition to bolster Port Qasim’s role as shipping hub, draw investment
KARACHI: Pakistan said on Saturday the World Bank’s recognition of Port Qasim as one of the world’s most improved container ports was proof of sustained reforms in the country’s maritime sector, expressing hope the achievement would help position the facility as a regional shipping hub and attract investment.
The World Bank’s latest Container Port Performance Index (CPPI) 2024, compiled with S&P Global Market Intelligence, ranked Port Qasim ninth among the top 20 improving ports worldwide this week, citing a 35.2-point leap in performance between 2020 and 2024.
“The inclusion of Muhammad Bin Qasim Port among the world’s top 20 improving ports is a reflection of our continuous efforts to modernize port operations, adopt global best practices, and enhance efficiency,” Federal Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry said in a statement. “We remain committed to strengthening the maritime sector and making it a vital contributor to national and regional trade.”
Chaudhry said the recognition underscored Islamabad’s determination to transform its ports into competitive regional hubs, highlighting policy measures, regulatory reforms and investment in modern technology.
