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BUSINESSJun 23 · 13:46 UTCDAWN[email protected] (Reuters)

KGTL plans up to $100m more investment in Karachi port after cargo surge from Iran war

KGTL, backed by Abu Dhabi Ports Group, plans up to $100 million in new investments at Karachi Port over five years to expand container and bulk-handling facilities, driven by a cargo surge from the Iran war. The CEO highlighted plans for rail freight infrastructure, dredging projects, and transshipment hub development to boost Pakistan's regional shipping competitiveness.

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Mentioned
Karachi Gateway Terminal LtdorganizationAbu Dhabi Ports GrouporganizationKhurram Aziz KhanpersonKarachi PortplaceIran wartopicUS-Israel war on Irantopicdredging projecttopicrail freighttopic
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