Pakistan’s SLGL secures transport services deal with Maersk

Business Oct, 16 2024
Pakistan’s SLGL secures transport services deal with Maersk
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KARACHI:  Secure Logistics Group Limited (SLGL) has entered into an arrangement to provide transport services to Maersk West and Central Asia Limited (Maersk), global shipping, transport and logistics services company.

SLGL, an Islamabad-based company, shared this development in its notice to Pakistan Stock Exchange (PSX) on Tuesday. “This corporate on-boarding of SLG as one of transport service provider to Maersk aligns with SLG’s objectives to become leading domestic logistic services provider,” read notice. It added that SLGL is also engaged in discussions with Maersk regarding similar arrangement under SLG’s Transports Internationaux Routiers license. “Company will provide similar services to Maersk starting with regional markets, including Central Asian countries.” “This strategic partnership aligns with SLGL’s continued commitment to expanding its logistics services portfolio,” SLGL said in notice back then.

Minister for Maritime Affairs Qaiser Ahmed Sheikh informed that Maersk stated this investment will contribute to infrastructure development and will play vital role in boosting Pakistan’s economy. He said investment comes as result of efforts made by Special Investment Facilitation Council.

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