KARACHI: Maritime Affairs Minister Muham­mad Junaid Anwar Chaudhry on Thursday announced the creation of a state-of-the-art 400-acre small industrial estate at Port Qasim to foster industrial growth and boost investor confidence.

He said the development strategy would prioritise infrastructure rea­diness ahead of plot allocation.

“Unlike conventional practices, where investors are shown undeveloped land, this project will first deliver fully developed infrastructure, including main boulevards, landscaping, and essential utilities, ensuring a business-ready environment prior to allotment,” he said during a visit to the Karachi Chamber of Commerce and Industry on Thursday.

The minister stated that strict measures have been implemented to curb land misuse and speculative trading at Port Qasim. Investors are now required to submit feasibility plans, establish industrial units, and ensure operationalisation before any transfer of ownership is permitted. The sale of undeveloped plots has been disallowed, ensuring that land allocation is strictly tied to genuine industrial activity.

Published in Dawn, April 17th, 2026