CCP clears NLC’s 60% acquisition of DP World Logistics FZE

KARACHI: The Competition Commission of Pakistan (CCP) has approved the acquisition of a 60 per cent stake in DP World Logistics FZE by National Logistics Corporation (NLC), marking a major development in the country’s logistics sector, a statement said on Saturday.

The transaction follows extensive efforts by the Special Investment Facilitation Council (SIFC) to drive economic growth and attract strategic investments.

Founded in 1978, NLC is a state-owned entity operating under the National Logistics Corporation Act 2023. It provides freight, logistics and infrastructure services across domestic and international markets. The deal positions NLC to expand its footprint in the road freight logistics sector, which the CCP has identified as the relevant market for competition analysis.

Following an in-depth review, the CCP determined that the merger would neither reduce competition nor create a dominant market position, as defined under the Competition Act, 2010. The CCP has authorised the transaction under Section 31(1)(d)(i) of the Act, with no significant competition concerns raised.

The approval paves the way for greater supply chain efficiencies, as DP World Logistics FZE enters Pakistan’s logistics landscape. The CCP also found no risk of market collusion post-merger, which means that it expects the transaction to foster competition rather than restrict it.