Islamabad: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced plans to establish a 400-acre Garments City at Port Qasim, Karachi, aimed at expanding Pakistan’s high-value apparel manufacturing
The 250-acre first phase of the industrial development is projected to generate approximately $2.2 billion in annual exports once fully operational. The project is being supported by substantial utility infrastructure
Islamabad: Pakistan’s imports from the United States increased by 38.93 percent to $3.265 billion during fiscal year 2025-26, compared with $2.350 billion in the preceding year, according to trade data
Karachi: The Oil and Gas Regulatory Authority (OGRA) has approved the export of a combined 140,000 tonnes of furnace oil by Cnergyico and PARCO. The approval is expected to help
Pakistan’s export performance weakened further in the first half of FY2025–26, according to provisional data released by the Pakistan Bureau of Statistics. Exports during July–December 2025 stood at $15.18 billion,
Prime Minister Shehbaz Sharif has directed port authorities to significantly reduce cargo dwell time and remove unnecessary laboratory testing to improve trade efficiency. Chairing a high-level meeting on port development,
