Pakistan says Hong Kong conglomerate discussing $1 billion investment in maritime sector

Federal Minister for Maritime Affairs, Qaiser Ahmed Shaikh (left), meets Andy Tsoi, Managing Director for the Middle East & Africa Division, Hutchison Ports, in Islamabad, Pakistan, on January 23, 2025. (APP)
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Updated 24 January 2025
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Pakistan says Hong Kong conglomerate discussing $1 billion investment in maritime sector

  • Pakistan maritime affairs minister holds meeting with Hutchison Ports officials
  • Proposal includes upfront $200 million in foreign direct investment for Pakistan

ISLAMABAD: A Hong Kong-based multinational conglomerate has expressed interest in investing $1 billion in Pakistan’s maritime sector to improve the South Asian nation’s port infrastructure, the maritime ministry said on Thursday.

Hutchison Ports, a subsidiary of CK Hutchison Holdings, is a leading global port operator and logistics company, operating in 52 ports across 26 countries in Asia, Europe, the Americas, and Australia. It provides container terminal operations, cargo handling, logistics, port management, transportation, and distribution services.

Pakistan’s seaports in Karachi, located along the Arabian Sea, are essential for global trade and provide job opportunities for thousands of citizens. The country has been actively working on restructuring and enhancing its port infrastructure. 

On Thursday, Maritime Affairs Minister Qaiser Ahmed Shaikh held a meeting with a high-level delegation from Hutchison Ports, led by the company’s Managing Director for the Middle East and Africa, Andy Tsoi, to discuss the $1 billion investment plan, the maritime affairs ministry said.

“This groundbreaking proposal includes an upfront $200 million Foreign Direct Investment,” the ministry said, adding that the investment would focus on modernizing the Karachi International Container Terminal and South Asia Pakistan Terminals Limited “with advanced automation technologies, enhancing operational efficiency and adopting eco-friendly solutions.”

The plan includes introducing “electrified and remote-control equipment” to reduce carbon emissions and establishing a state-of-the-art warehousing depot for Pakistan’s growing trade sector as well as funding to improve roads around the south wharf to ensure “smooth container traffic flow and boost supply chain efficiency.”

The development comes amid Pakistan’s efforts to boost trade and seek international partnerships to expand maritime activities.

In August 2024, state media reported that Danish shipping firm Maersk was in discussions with local authorities to invest $2 billion in Pakistan’s port and transport infrastructure over the next two years. 

In October last year, the maritime minister signed an agreement with Denmark’s Minister Morten Bodskov to restructure Pakistan’s maritime sector and provide technical training at its ports.


Pakistan’s HIV response under strain as global donors cut funding

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Pakistan’s HIV response under strain as global donors cut funding

  • Only 21% of people living with HIV in Pakistan know their status, just 18% receive treatment
  • UN agencies and civil society warn domestic funding must rise as international aid shrinks

ISLAMABAD: Funding reductions by international donors have forced sharp cutbacks in HIV prevention and support services across Pakistan, officials and experts say, raising fears that years of progress in reaching vulnerable populations could be reversed even as infections continue to rise.

Pakistan’s HIV response remains heavily dependent on financing from the Global Fund to Fight AIDS, Tuberculosis and Malaria (GFFATM), which has supported the country’s HIV programs for nearly two decades. The Global Fund reduced Pakistan’s total allocation from $250.8 million to $223.6 million under its Grant Cycle 7 (2023–2025), cutting $4 million from the national HIV/AIDS component.

The United Nations Development Program (UNDP), which has served as the principal recipient of Global Fund financing since 2021, says the funding squeeze has already begun to affect outreach services for key populations.

Pakistan’s HIV epidemic remains small in absolute numbers compared with global hotspots, but it is one of the fastest-growing in Asia. UNAIDS has repeatedly warned that Pakistan is among the few countries where new HIV infections continue to rise, driven largely by low testing rates and infections concentrated among marginalized communities. This makes sustained prevention and outreach funding critical to preventing a wider public health crisis.

“The steady supply of quality-assured anti-retroviral drugs is our number one priority,” Richard Cunliffe, GFFATM project manager at UNDP Pakistan, told Arab News.
“So the impact of the cuts has really been felt by community-based organizations doing outreach to key population groups.”

During the previous grant cycle, UNDP supported the expansion of HIV treatment by helping the government establish around 98 antiretroviral therapy (ART) centers across Pakistan. Under the current cycle, its role has narrowed largely to prevention among key populations and procurement of HIV medicines due to tighter funding.

“These are highly marginalized communities... so the more cuts there are, the fewer people we can reach,” Cunliffe said.

‘TOTALLY DEPENDENT’

According to estimates from the Joint United Nations Program on HIV/AIDS (UNAIDS), around 350,000 people are living with HIV in Pakistan. Yet only 21 percent know their status and just 18 percent of those diagnosed are receiving treatment.

Civil society groups warn the situation is more fragile than official figures suggest.

“The HIV response in Pakistan is totally dependent on Global Fund funding,” said Asghar Satti, national coordinator of the Association of People Living with HIV (APLHIV). “There is no meaningful domestic funding, and international donors have also reduced their support.”

Satti pointed to the Global Fund’s upcoming 2027–2029 replenishment cycle, where donor pledges have fallen more than $6 billion short of the $18 billion target.

“When cuts happen globally, treatment is always prioritized,” he said. “But testing, counselling, prevention and community services are the first to suffer.”

He warned that some community organizations in Pakistan have already faced budget cuts of 40–45%, forcing closures of services such as food assistance, medical support and prevention programs.

“These are people who are already vulnerable. If those services disappear, the gains made over the last 20 to 25 years are at serious risk,” Satti said.

A government official, who did not wish to be named, said HIV response and prevention were “high priority” areas for the government and that it was doing its “best to bridge the gap.”

The impact of declining funds is already visible on the ground.

Muhammad Usman, a representative of the Dareecha Health Society working with male and transgender individuals living with HIV, said funding cuts over the past year had forced the group to drastically scale back operations.

“At one point, Dareecha had three offices and around 70 staff members,” he said. “Now those three offices have merged into one, and we are left with about 30 people.”

Outreach in cities such as Bahawalpur has stopped entirely, according to Usman.

“These were technical people from within the community, outreach workers, counsellors, who understood the realities on the ground,” he said.

“When they were let go, awareness and engagement dropped immediately.”

DOMESTIC FINANCING 

Health experts warn that reduced outreach could further weaken Pakistan’s already fragile testing and treatment cascade, increasing the risk of undiagnosed infections and onward transmission.

“When fewer people are tested, more infections remain hidden,” Satti said. “That creates a serious public health risk.”

These pressures are compounded by deep-rooted stigma and the absence of sustained public awareness campaigns.

“HIV and people living with HIV are highly stigmatized and vulnerable,” Cunliffe said.
“It’s a very difficult disease because the disease is very much concentrated in these key population groups… which is often very criminalized and stigmatized.”

Modern antiretroviral therapy allows people living with HIV to lead normal lives and suppress viral loads, preventing transmission and enabling HIV-positive women to give birth to HIV-negative children.

“No one needs to die of HIV anymore,” Cunliffe said.

But with international funding expected to decline further after 2027, UNDP and civil society groups say Pakistan urgently needs to increase domestic financing to sustain its HIV response.

“The government is really going to have to bridge that gap and find ways to domestically finance [HIV response],” Cunliffe added.