AD Ports Group confirmed the signing of a concession deal with Karachi Port Trust (KPT), the Pakistani federal government agency in charge of the Port of Karachi’s operations.
A joint venture (JV) between AD Ports Group, as the primary stakeholder, and Kaheel Terminals, a UAE-based firm, has been created to manage, operate, and develop the Karachi Gateway Terminal Limited (KGTL), berths 6-9 at Karachi Port’s East Wharf, under the terms of the 50-year concession agreement.
The JV is expected to invest in infrastructure and superstructure over the following ten years. The development work consists of berth depth, quay wall expansion, and an increase in the container storage area.
As a result, the port will be able to receive Post Panamax class vessels with capacities of up to 8,500 TEUs, and container capacity will grow from 750,000 to 1 million TEUs per year.
This strategic agreement follows the signing of a Memorandum of Understanding in May, which outlined both institutions’ shared ambition to accelerate growth, diversify trade, and deepen bilateral connections between the UAE and Pakistan.
AD Ports Group has also signed three Memorandums of Understanding (MOUs) with the Government of Pakistan to establish a framework for collaboration in improving transportation infrastructure, facilitating efficient cargo movement, lowering logistics costs, and increasing the competitiveness of Karachi Port, among other projects of mutual interest.
AD Ports will provide the Government with technical experience, guidance, and assistance for the planning, design, and execution of trade, customs, and logistics infrastructure projects in Pakistan.
