AD Maqta Strategic Agreement with Pakistan Single Window Maritime Tickers

AD Maqta :Strategic Agreement with Pakistan Single Window

AD Ports Group (ADX: ADPORTS), (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions today announced a strategic partnership agreement signed between its digital arm, Maqta Technologies Group and Pakistan Single Window (PSW), a state-owned entity, commissioned by the Federal Government of Pakistan as the operating body for the Pakistan Single Window System, a digital platform which streamlines cross-border trade by allowing traders to submit import, export, and transit-related data through a unified digital portal.

This collaboration aims to drive digital innovation and enhance efficiency in Pakistan’s cross-border trade by leveraging both organisations’ expertise in designing and implementing cutting-edge digital solutions.

Value-added services

In addition, the partnership will implement value-added services such as digital customs clearance, smart warehousing, risk management systems, eCommerce, cargo / port community systems, Single Window, trade finance, and predictive analytics for trade optimisation and risk management.

Advanced technologies

By utilising advanced technologies including AI, Blockchain, and IoT, the partnership aims to streamline trade processes, reduce delays, and improve transparency and regulatory compliance.

Commercial opportunities in digital trad

Based on the agreement, Maqta Technologies Group and Pakistan Single Window will focus on identifying and developing joint commercial opportunities in digital trade facilitation and logistics solutions worldwide, aiming to enhance compliance and secure trade transactions, while promoting environmentally sustainable trade practices through paperless documentation and carbon-efficient logistics.

Enhancing cross-border trade

Dr. Noura Al Dhaheri - TACCC

Dr Noura Al Dhaheri, CEO of Digital Cluster and CEO of Maqta Technologies Group – AD Ports Group, said: “Our partnership with Pakistan Single Window highlights our dedication to enhancing cross-border trade through advanced digital solutions. We will leverage our combined capabilities to unlock new commercial opportunities and maximise trade facilitation in Pakistan and global markets.”

International trade facilitation on a global scale

Syed Aftab Haider, CEO – Pakistan Single Window, said:” This partnership marks a significant step in PSW’s vision to contribute to international trade facilitation on a global scale by forging new partnerships and collaborations with the leading players in the region.

Maqta Technologies Group brings invaluable global expertise and experience in digital solutions for customs and trade while PSWs is quickly emerging as the most successful single window implementation experience in the region. Together, we are well positioned to drive meaningful advancements in trade facilitation.”

Digital transformation in global trade.

Maqta Technologies Group, a leading provider of advanced digital solutions for trade and logistics stakeholders, is at the forefront of digital transformation in global trade. Recognised by the World Customs Organization (WCO) for its innovative solutions in customs and trade processing, Maqta Technologies Group specialises in disruptive customs technologies

 200 million transactions

The Group’s digital solutions have processed around 200 million transactions, generating extensive data sets that enable the exploration and development of advanced technological avenues, significantly enhancing the speed and efficiency of trade facilitation.

AD Ports Group Digital Arm Maqta Technologies Group Signs Strategic Partnership Agreement with Pakistan Single Window

AD Ports Group’s strategic growth

Pakistan plays a crucial role in AD Ports Groups strategic growth in Central Asia, acting as the maritime gateway of the “Middle Corridor” that links Asia and Europe. The Group has invested in maritime and logistics businesses along this corridor in Georgia, Kazakhstan, and Uzbekistan.

Redevelopment of the Port of Karach

The redevelopment of the Port of Karachi, Pakistan’s main port with overland connections into Central Asia, aims to transform the “Middle Corridor” into a modern and cost-efficient maritime sea route.

A 50-year concession

Maqta Technologies Group‘s latest partnership in Pakistan with Pakistan Single Window, follows AD Ports Group’s expansion strategy in the country since 2023.

The Group obtained a 50-year concession with Kaheel Terminals to operate five container terminal berths at Karachi’s East Wharf. In 2024, it received a 25-year concession to operate seven general and bulk cargo berths at the same location.

Read More :

AD Ports Group : MoU with Somalia for Maritime Sector

AD Ports Group : Agreements to Refinance USD 2.25 Billion Debt

Leave a Comment

Your email address will not be published. Required fields are marked *