Abu Dhabi Ports to Invest $250M in Karachi Port
Abu Dhabi Ports has announced plans to invest $250 million in Karachi Port over the next decade, focusing on various enhancements including berth expansions, terminal upgrades, and infrastructure improvements.
During a recent meeting with Prime Minister Shehbaz Sharif, CEO Khurram Aziz Khan disclosed that $130 million of this investment will be allocated to constructing a multipurpose terminal, slated for completion within two years.
The delegation also outlined upgrades planned for the container terminal, which encompass the installation of X-ray control systems, automated gates, and an extension of the berth by 200 meters. Additionally, improvements to the crane rail track and overall infrastructure at the port are scheduled.
These advancements aim to bolster Karachi Port’s capability to handle larger cargo vessels weighing up to 120,000 tons, thus catalyzing economic activities at the port.
Abu Dhabi Ports intends to modernize Karachi Port, enhancing its efficiency and capacity to manage increased cargo traffic. This development marks a pivotal stride not only for the port but also for broader economic dynamics, facilitating smoother trade operations.
The planned enhancements are expected to accommodate larger ships, streamline turnaround times, and elevate overall port productivity, thereby fostering economic growth across the region.
The collaboration between Abu Dhabi Ports and Karachi Port underscores a commitment to sustained development and economic partnership, promising positive prospects for maritime trade in Pakistan.
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