Pakistan to build first major commercial ship after 40 years
The Karachi Shipyard will build Pakistan’s first major commercial ship after four decades, according to local media.
The 1,100 TEU Container Ship Project, which was on hold for nine months, has been revived by the Special Investment Facilitation Council (SIFC), a hybrid civil-military government body formed in 2023 to facilitate foreign investment in Pakistan’s key economic sectors.
The cargo shipbuilding project will see collaboration between the Pakistan Navy, Karachi shipyard, and Pakistan National Shipping Corporation.