RIYADH, Feb 04 (Arab News): Pakistan's maritime industry is set for expansion with AD Ports Group signing a deal to boost bulk and general cargo operations at Karachi Port Trust's East Wharf.
The 25-year concession agreement with Pakistan's federal government agency overseeing operations signifies a pivotal deal aimed at developing, operating, and managing cargo terminal berths 11-17 at East Wharf.
The latest contract builds on the partnership secured by AD Ports Group in June 2023, extending their engagement in the development, operation, and management of container terminal berths 6-10 at Karachi Port Trust's East Wharf, known as Karachi Gateway Terminal Multipurpose Ltd.
In accordance with the agreement, KGTML - a joint venture primarily led by AD Ports Group and co-partnered with Kaheel Terminals.
AD Ports Group, Karachi Port sign deal
FE Team | Published: February 05, 2024 00:50:11
AD Ports Group, Karachi Port sign deal
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