Home Latest News Industry Economy & Policy Markets Gold & Money Banking & Fintech Startups Agri-Business

Chinese Energy Firm Backs Sea To Steel Project At Port Qasim

China’s Shandong Xinxu Group has expressed strong interest in Pakistan’s Sea to Steel initiative at Port Qasim, with the company agreeing to submit a comprehensive feasibility study for the proposed Integrated Maritime Industrial Complex.

The development was discussed during a high-level meeting chaired by Federal Minister for Maritime Affairs Junaid Anwar Chaudhry. Once submitted, the proposal will undergo a detailed review before any final decision is taken.

The Integrated Maritime Industrial Complex is being positioned as a flagship project aimed at modernizing industrial operations through upgraded port infrastructure, shipbuilding and recycling facilities, and the establishment of an integrated steel mill.

At the core of the project is the revival and upgradation of the Iron Ore and Coal Berth jetty, which will support ship recycling and repair activities. Scrap generated from these operations is expected to feed into domestic steel production, reducing reliance on imported raw materials.

Branded as the Sea to Steel Green Maritime Industrial Corridor, the initiative seeks to link maritime assets with industrial output, creating a more sustainable and self-reliant steel ecosystem. The Chinese firm’s feasibility study will include financial impact assessments, structural and hydrographic analysis, and detailed risk evaluations.

If approved, the initiative could emerge as one of the country’s largest recent maritime and industrial investments, positioning Port Qasim as a regional hub for heavy industry and logistics.

Stay Connected with ProPakistani

Get the latest business news, market insights, and economic updates wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.



Get Alerts

ProPakistani Community

Join the groups below to get latest news and updates.



>