Karachi Maritime Business District: Pakistan and Saudi Arabia Sign Landmark MoU to Transform Pakistan’s Economic Capital
Pakistan has signed a landmark MoU with Saudi Arabian and local firms to develop a dedicated Karachi maritime business district — a transformative coastal development project that would create a world-class commercial, logistics, and financial hub directly on Karachi’s waterfront. This is the most significant investment agreement in Karachi’s modern economic history and could reshape Pakistan’s entire maritime economy.