Maersk, a prominent global provider of shipping, transport, and logistics services, has selected Secure Logistics Group Limited (SLGL) from Pakistan as its onshore logistics partner. SLGL announced this development in a notice to the Pakistan Stock Exchange (PSX).“This strategic partnership aligns with SLGL’s continued commitment to expanding its logistics services portfolio”, the notice stated.
Maersk and SLGL are also exploring a potential partnership that would leverage SLGL’s TIR Licence, allowing the company to offer logistics services to Maersk. This arrangement would begin with regional markets and extend to Central Asian countries.
SLGL revealed that domestic services are set to begin by the end of September 2024, while regional services are anticipated to launch by late October or early November 2024. In the previous month, SLGL, based in Islamabad, successfully secured the Transports Internationaux Routiers (TIR) licence for international road transport.
The TIR Licence allows SLGL to expand its logistics services to all countries covered by the TIR system, including Afghanistan and several Central Asian states such as Uzbekistan, Tajikistan, Turkmenistan, Kyrgyzstan, and Kazakhstan, as well as China, Iran, Azerbaijan, and Turkey, as SLGL highlighted in its previous announcement.
Last month, it was reported that Maersk intends to invest $2 billion in Pakistan's port and transportation infrastructure over the next two years. Minister for Maritime Affairs Qaiser Ahmed Sheikh noted that Maersk's investment is expected to enhance infrastructure and significantly contribute to strengthening Pakistan's economy. He also mentioned that this investment is a result of the initiatives undertaken by the Special Investment Facilitation Council (SIFC).