Abu Dhabi Ports Announces $250M Investment in Karachi Port

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Staff Report: Islamabad — Abu Dhabi Ports announced on Friday to invest $250 million in Karachi Port over the next ten years.

Khurram Aziz Khan, Chief Executive Officer of Abu Dhabi Ports Pakistan, met with Prime Minister Muhammad Shahbaz Sharif along with his delegation. During the meeting, Khan announced a significant investment of $250 million in Karachi Port over the next ten years.Offshore drilling of oil: Pakistani firms win block in Abu Dhabi

A detailed briefing was given to the Prime Minister regarding the investment plans, which include the construction of a modern multi-purpose terminal equipped with all necessary facilities. This terminal, with an investment of $130 million, is expected to be completed within the next two years.

The container terminal project will feature advanced infrastructure such as access control, automatic gates, a 200-meter berth extension, crane rail tracks, and other essential facilities. Once completed, the new infrastructure will enable cargo ships of up to 120,000 tons to dock at the port, significantly boosting economic activities.

Prime Minister Sharif emphasized the importance of improving the management of goods and containers at the port through digital technology and modern machinery. He directed that the time required for clearance should be minimized by enhancing the container system.

The agreement with Abu Dhabi Ports aims to increase transparency, enhance efficiency, and improve overall port operations. Prime Minister Sharif assured that all necessary support will be provided for the successful implementation of the agreement.

Additionally, the Prime Minister instructed railway authorities to supply freight carriages and necessary rolling stock to ensure the project’s operational success and to improve the delivery of goods from the terminal.

This strategic investment and development are expected to transform Karachi Port into a more efficient and modern facility, contributing to the growth of Pakistan’s economy.