The Karachi Port Trust has signed an agreement to hand over operations of 7
berths to Abu Dhabi Ports Group of UAE.
The caretaker Prime Minister, Anwaar-ul-Haq Kakar alpng with Caretaker Minister
for Communication, Railways and Maritime Affairs Shahid Ashraf Tarar along with
other senior officials from Pakistani side and Minister of State for Foreign Trade
UAE Dr Thani Bin Ahmed Al Zeyoudi, Hamad Obaid Ibrahim Salem Al-Zaabi, UAE
Ambassador to Pakistan along with other senior officials from UAE side were
present in the agreement signing ceremony.
This is a commercial agreement for Outsourcing of Operations of Bulk and
General Cargo Terminal at seven berths of East Wharf Karachi Port. The
agreement aims to strengthen bilateral relations in marine and logistic sectors of
Pakistan and the UAE.
Karachi Port Trust Chairman Syedin Zaidi said that 7 berths are being given to
UAE, AD Ports will invest 13 million dollars on 7 berths of Karachi Port, and KPT
will get a certain share of the income from the business.
Caretaker Federal Minister for Maritime Affairs Shahid Ashraf Tarar, UAE
Ambassador to Pakistan and relevant senior government officials were also
present in the meeting.