Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Pakistan to set up 150-acre automotive processing zone at Port Qasim

byCT Report
12/08/2026
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry on Wednesday announced plans to establish an automotive processing zone on 150 acres at Port Qasim, envisioned as the country’s first dedicated Import-Refurbishment-Export (AIRE) framework for the automotive sector, with the facility to be expanded in phases according to market demand.

The decision was taken at a meeting attended by Port Qasim Authority (PQA) Chairman Rear Admiral (Retd) Syed Moazzam Ilyas and members of the PQA Board.

You might also like

Major gas discovery in Sindh boosts energy security

10/09/2026

Pakistan, Australia aim to update bilateral investment treaty by December

10/09/2026

The minister said the auto zone would be expanded in phases after completion of the first phase, allowing the project to grow with market demand.

The proposed zone will comprise 264 operational units across five specialised segments. These include 30 commercial units, 84 refurbishment workshops, 60 car display units, 20 machinery yards and 70 auto spare-parts units.

The facility will be developed within the Port Qasim industrial corridor, providing direct access to the port and reducing inland logistics requirements for imported and exported vehicles.

The project aims to create an integrated platform for vehicle import, refurbishment, display and export.

Port Qasim’s strategic location has been identified as a key advantage, given the port’s role as one of Pakistan’s major gateways for vehicle trade and a significant share of the country’s seaborne commerce.

Project proponents estimate the AIRE Park could generate an annual net foreign exchange surplus of around $200 million, based on estimated exports of $500 million.

The facility is also expected to bring commercial activities, refurbishment facilities, machinery yards, vehicle displays and spare-parts suppliers into a single port-based ecosystem.

The proposed zone would sit along the Arabian Sea shipping corridor connecting South Asia with the Gulf and East Africa, potentially facilitating regional vehicle trade.

Rear Admiral (Retd) Syed Moazzam Ilyas said the phased approach would allow the project to expand according to market demand, adding it could serve as a model for establishing similar automotive zones elsewhere in the country.

Related Stories

Major gas discovery in Sindh boosts energy security

byCT Report
10/09/2026

KARACHI: Pakistan has taken another step towards strengthening its energy security after a major gas discovery was made in Sindh,...

Pakistan, Australia aim to update bilateral investment treaty by December

byCT Report
10/09/2026

LAHORE: Australian High Commissioner to Pakistan Timothy Kane has expressed hope that the Pakistan-Australia Bilateral Investment Treaty will be updated...

Govt cuts duties on imported mobile phones, premium handset RD falls 20pc

byCT Report
10/09/2026

LAHORE: The government has reduced regulatory and additional customs duties on imported mobile phones for FY2026-27, with regulatory duty (RD)...

PM Shehbaz gives in-principle approval to Pakistan’s new Auto Policy 2026-31

byCT Report
10/09/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has given in-principle approval to Pakistan’s proposed Auto Policy 2026-31, paving the way for further...

Next Post

Customs Appraisement issues operating procedure for newly setup cargo terminal at Port Qasim

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.