Wednesday, 04 September 2024, 05:48:43 am

 
Abu Dhabi Ports Pakistan to invest $250M in Karachi Port
July 19, 2024

Abu Dhabi Ports Pakistan will invest 250 million dollars in Karachi port during the next ten years.

This was briefed by a delegation of Abu Dhabi Ports Pakistan led by its Chief Executive Officer Khurram Aziz Khan at a meeting with Prime Minister Muhammad Shehbaz Sharif in Islamabad on Friday.

It was told that modern multi-purpose terminal equipped with all necessary facilities to be built with an investment of 130 million dollars will be completed in the next two years.

The terminal project includes construction of access control, automatic gates, and berth extension of another 200 meters, crane rail track and other infrastructure.    

With the construction of new infrastructure at the terminal, cargo ships of up to 120,000 tons will be able to anchor, which will increase economic activities at the port.         

The Prime Minister said the agreement with Abu Dhabi Ports aims to increase transparency and efficiency and improve port operations.

He said the management of goods and containers at the port should be improved with digital technology and modern machinery.

Shehbaz Sharif said time required for clearance at ports can be minimized by improving the container system. 

The Prime Minister also directed the railway authorities to provide freight bogies and necessary rolling stock to make the project operational and improve the delivery of goods from the terminal.