Abu Dhabi Ports has announced a substantial $250 million investment in Karachi Port over the next decade. This strategic initiative aims to enhance the port’s infrastructure, expand berths, and upgrade terminals to bolster its operational capacity.
During a recent meeting with Prime Minister Shehbaz Sharif, CEO Khurram Aziz Khan outlined that $130 million will be allocated towards constructing a multipurpose terminal, slated for completion within two years. This terminal is expected to facilitate versatile cargo handling, further positioning Karachi Port as a pivotal hub for maritime activities.
Additionally, significant improvements are planned for the container terminal. These enhancements include the installation of advanced X-ray control systems, automated gates for efficient logistics, and an extension of the berth by 200 meters. The upgrade will also encompass modernizing the crane rail track and overall port infrastructure to accommodate vessels of up to 120,000 tons, thereby boosting throughput and economic activities significantly.
Abu Dhabi Ports’ investment is poised to modernize Karachi Port, improving efficiency and enabling it to manage higher volumes of cargo traffic. This development is pivotal not only for the port itself but also for the broader economic landscape, fostering smoother trade operations and reinforcing Pakistan’s maritime trade capabilities.
The partnership underscores a long-term commitment to economic collaboration between Abu Dhabi Ports and Karachi Port, promising a prosperous future for maritime trade in Pakistan. This initiative is expected to reduce turnaround times, enhance productivity, and ultimately contribute to sustainable economic growth in the region.