Shipping Sector To Get Boost From Government Initiatives


News: The Pakistan Muslim League-Nawaz government is focusing more on the domestic port and shipping sector in order to bring further improvement, according to Federal Minister for Ports and Shipping Kamran Michal. The government plans to make a two-fold rise in strength of the ships as well as intends to soon roll out tenders for new ships. In addition to this, the government is working on a policy to introduce 75% trade through shipping. 'We are focusing on the policy of trade rather than aid to boost economy of the country,' Michal said (PTV). Michal added that the government initiatives will provide a boost to Pakistan National Shipping Corporation.

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Related sectors of this article: Shipping
Geography: Pakistan

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