Pakistan, Denmark discuss $2bn MoU progress

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By MG News | March 13, 2025 at 10:01 AM GMT+05:00

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March 13, 2025 (MLN): Pakistan and Denmark reviewed the implementation of a $2 billion investment plan under the Memorandum of Understanding (MoU) signed last year.

The progress was discussed during a meeting between Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, and Danish Ambassador to Pakistan, His Excellency Jacob Linulf.

Both sides explored opportunities for further collaboration to enhance investment and strengthen bilateral ties.

The investment aims to modernize Pakistan’s maritime infrastructure, enhance port efficiency, and promote sustainable shipping practices.

The minister emphasized Denmark’s expertise in maritime technology as a key driver for Pakistan’s economic growth and trade competitiveness, as per the press release.

Discussions also covered future investments in green shipping, renewable energy solutions for ports, and workforce capacity-building initiatives.

Beyond economic cooperation, both sides highlighted the importance of cultural exchange and tourism, recognizing the rich heritage of their nations.

Ambassador Linulf reiterated Denmark’s commitment to expanding its presence in Pakistan’s maritime sector, while Minister Chaudhry assured full cooperation in facilitating Danish investors.

The meeting concluded on a positive note, with both countries agreeing to accelerate MoU implementation and explore further collaboration in trade, investment, and cultural exchange.

Copyright Mettis Link News

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