Wednesday, May 31, 2023

Abu Dhabi Ports Group and Karachi Port Trust Join Forces to Transform Karachi Port into Premier Trade Hub

Abu Dhabi Ports Group and Karachi Port Trust have signed an agreement to develop advanced infrastructure at Karachi Port, aiming to transform it into a premier hub for transshipment and cargo.

The UAE is Pakistan’s third-largest trading partner, and the collaboration seeks to leverage the UAE’s expertise and relationships with shipping lines to boost Karachi Port’s global trade significance. The partnership will drive sustainable growth, trade diversification, and strengthen bilateral ties between the UAE and Pakistan.

The joint effort aims to attract foreign investment, conduct feasibility studies, and enhance port projects through digitalization. The collaboration is expected to unlock growth opportunities and position Karachi Port as a world-class maritime hub, meeting the evolving demands of global trade.

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