Yango Pakistan, Al Meezan Partner to Promote Driver Investments
December 19, 2025
Pakistan and China have advanced talks on a proposed Integrated Maritime Industrial Complex (IMIC) at Port Qasim, valued between $1.1 billion and $2.2 billion.
Read more: Pakistan, China Launch Five-Year Gwadar Maritime Plan
Pakistan and China are moving forward on plans for a major maritime industrial project at Port Qasim, as a five-member delegation from China’s Shandong Xinxu Group met Federal Minister for Maritime Affairs Muhammad Junaid Chaudhry to review the proposed Integrated Maritime Industrial Complex (IMIC).
Led by Chairman Hou Jianxin, the delegation discussed reviving the Iron Ore and Coal Berth jetty, establishing shipbuilding and shipbreaking facilities, and setting up a modern steel mill integrated with port operations. The steel jetty, originally designed for Pakistan Steel Mills, can handle vessels of up to 75,000 deadweight tonnes and is linked to the mill through a conveyor system stretching up to 8km.
Chaudhry directed the group to submit a detailed proposal outlining technical, financial, and environmental feasibility. “The project must align with Pakistan’s industrial and sustainability priorities, focusing on employment generation and value addition,” he said.
The IMIC, branded as the “Steel-to-Green Sea” initiative, was first introduced in November 2025. If approved, it would be among Pakistan’s largest industrial investments, positioning Port Qasim as a regional hub for heavy manufacturing and maritime logistics.
