ISLAMABAD
\nA Chinese industrial group will submit a comprehensive feasibility study for Pakistan\u2019s proposed Sea-to-Steel Green Maritime Industrial Corridor at Port Qasim, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said, as the government reviewed plans to accelerate the flagship initiative aimed at boosting domestic steel production.
\nAccording to an official statement, Anwar Chaudhry chaired a high-level review meeting on Friday focused on advancing the Integrated Maritime Industrial Complex (IMIC), a major project designed to modernize industrial operations through port infrastructure upgrades, shipbuilding and recycling facilities, and an integrated steel mill.
\nRepresentatives from China\u2019s Shandong Xinxu Group attended the meeting, along with senior officials from the Ministry of Maritime Affairs. Port Qasim Authority Chairman Rear Admiral (Ret.) Syed Moazzam Ilyas joined via video link from Karachi, Gwadar Pro reported.
\nThe Chinese group, which has shown keen interest in the initiative, will submit an unsolicited feasibility study covering financial impact assessments, structural and hydrographic analyses, and quantitative risk evaluations.
\nThe IMIC includes three core components, including the revival and upgrading of the Iron Ore and Coal Berth (IOCB) jetty.
\nThe facility will support ship recycling and repair, with recycled scrap feeding an integrated steel mill to revive domestic production capacity.
\nBranded as the \u201cSea-to-Steel Green Maritime Industrial Corridor,\u201d the project aims to connect ship recycling with steel manufacturing, reducing reliance on imported raw materials while leveraging recyclable scrap generated locally.
\nMinister Chaudhry positioned IMIC as a key driver of Pakistan\u2019s blue economy by creating industrial value through maritime assets.
\n\u201cOnce submitted, the proposal will undergo thorough review before any decision,\u201d Chaudhry said.
\n\u201cIf approved, IMIC would rank among Pakistan\u2019s largest recent maritime and industrial investments, cementing Port Qasim as a regional hub for heavy industry and logistics.\u201d
\nPakistan continues to seek foreign investment in ports and industrial infrastructure to boost exports, create jobs, and ease pressure on foreign exchange reserves.
\nChaudhry noted that integrated recycling, manufacturing, and logistics projects could reduce steel imports and strengthen domestic production.
\nThe minister emphasized that any approval would depend on alignment with national priorities, including job creation, value addition, and adherence to sustainable development standards.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD A Chinese industrial group will submit a comprehensive feasibility study for Pakistan\u2019s proposed Sea-to-Steel Green Maritime Industrial Corridor at Port Qasim, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said, as the government reviewed plans to accelerate the flagship initiative aimed at boosting domestic steel production. According to an official statement, Anwar Chaudhry chaired […]<\/p>\n","protected":false},"author":2,"featured_media":531423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-531403","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"\n