Karachi Gateway Terminal Ltd (KGTL), backed by Abu Dhabi Ports Group, is planning to invest up to USD 100 million over the next five years to expand port infrastructure and logistics capabilities, aiming to transform Pakistan into a regional maritime and transshipment hub.
According to KGTL Chief Executive Officer Khurram Aziz Khan, the company has already completed a USD 60 million dredging project at Karachi Port and is now preparing the next phase of expansion. The planned investment of USD 75-100 million will focus on increasing container terminal capacity, expanding storage yards, installing larger ship-to-shore and yard cranes, and developing dedicated bulk export infrastructure, including silos, warehouses and automated conveying systems.
KGTL is also evaluating investments in rail freight by acquiring locomotives, rolling stock and inland storage hubs near agricultural regions which will make the system even more efficient.
Khurram Khan while speaking to an international media outlet explained that, the recent Iran war created an unexpected opportunity for Pakistan by diverting cargo through Karachi for onward shipment, introducing the country to transshipment business on a significant scale.
