Special Investment Facilitation Council (SIFC) is taking steps for the development of modern port infrastructure in the country.

Hong Kong’s Hutchison Ports Group has announced one billion dollar investment to develop modern port infrastructure in Pakistan.

The investment aims to modernize existing terminals, improve operational capacity, enhance logistics connectivity and implement advanced automated system.

Enhancements in the automated system include remote cranes, electric trucks, digital gate operations and training for maritime experts.

There is a plan to establish a modern logistics park on fifty two hectares in Karachi which is expected to significantly boost commercial activities with state-of-the-art facilities and global standard infrastructure.

This investment is projected to generate at least four billion dollars in revenue over the next twenty five years.