KARACHI – Hutchison Ports, a leading global port operator based in Hong Kong, has announced a substantial $1 billion investment plan to upgrade and expand Pakistan’s port infrastructure. This ambitious initiative aims to modernize existing facilities, enhance operational efficiency, and implement advanced technologies, marking a significant milestone in Pakistan’s logistics and transportation sector.
Supported by the Special Investment Facilitation Council (SIFC), this investment will focus on the modernization of existing terminals, introducing state-of-the-art automation technologies such as remote-controlled cranes, electric trucks, and digital gate operations. These upgrades are expected to improve the overall efficiency of port operations and align with global sustainability standards.
A key highlight of the investment is the establishment of a 52-hectare modern logistics park in Karachi, which will offer cutting-edge facilities and significantly boost trade activities. This development is anticipated to generate at least $4 billion in revenue over the next 25 years, contributing to Pakistan’s economic growth.
Hutchison Ports, which has been operating in Pakistan for 25 years, has already created over 5,000 jobs and generated more than Rs 225 billion in revenue. The company’s long-standing presence underscores its confidence in Pakistan’s strategic importance in global trade.
The SIFC plays a crucial role in fostering a conducive environment for foreign investments, and Hutchison Ports’ latest investment reflects the growing confidence in Pakistan’s economy. This collaboration aims to strengthen Pakistan’s infrastructure, create jobs, and enhance trade routes, ultimately positioning the country as a key player in global logistics.
