Lahore Real Estate Forum

                                                          
 
Back to Forum |

Azerbaijan Eyes Investment in Pakistan’s M6, M9 Motorways: A Boost for Regional Trade,

(131475)
Wednesday, December 4, 2024 05:01 AM 

Azerbaijan Eyes Investment in Pakistan’s M6, M9 Motorways: A Boost for Regional Trade


In a significant development for Pakistan’s infrastructure and trade ambitions, Azerbaijan has expressed keen interest in investing in two pivotal motorway projects—the M6 (Sukkur-Hyderabad) and the M9 (Karachi-Hyderabad). This marks a promising step toward strengthening Pakistan’s trade corridors and fostering regional connectivity.


Strengthening Ties Through Strategic Investments


This collaboration stems from high-level discussions initiated following Pakistani officials' visit to Azerbaijan. During a recent meeting chaired by Pakistan’s Minister for Investment, Privatisation, and Communications, Abdul Aleem Khan, Pakistan’s Ambassador to Azerbaijan, Qasim Mohiuddin, shared that Azerbaijani institutions are eager to participate in these projects. The proposed government-to-government (G2G) investment model aims to streamline collaboration and ensure mutual benefits for both nations.


Key Motorways in Focus



  • M9 Motorway: Spanning 136 kilometers, this crucial route links Karachi to Hyderabad, facilitating efficient passenger and freight movement.

  • M6 Motorway: Covering 306 kilometers, this upcoming project will connect Sukkur to Hyderabad, further enhancing Pakistan’s transportation network.


Both projects are integral to Pakistan’s vision of bolstering internal connectivity and reducing travel time between major economic hubs. They also play a significant role in positioning Pakistan as a vital trade corridor between South Asia, Central Asia, and beyond.


Driving Regional Connectivity


Minister Abdul Aleem Khan emphasized the importance of attracting investments from Central Asian nations, including Azerbaijan, to accelerate Pakistan’s infrastructure development. He noted that Azerbaijan’s participation would not only solidify economic ties but also enhance connectivity with Eastern Europe, opening new avenues for trade and collaboration.


Next Steps


Pakistan plans to host Azerbaijani representatives in December to finalize cooperation agreements. The National Highway Authority (NHA), tasked with overseeing the development of these motorways, is actively coordinating with its Azerbaijani counterparts to push these projects forward.


This collaboration promises a win-win scenario—Azerbaijan’s involvement could bring much-needed investment and expertise to Pakistan’s infrastructure sector, while Pakistan’s enhanced road networks will support its ambitions as a regional trade hub. Stay tuned as this promising partnership unfolds!

>