AD Ports to develop advanced port, terminal infra in Karachi

KARACHI / WAM

A high-level United Arab Emirates delegation, headed by Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, visited Karachi to meet with Faisal Sabzwari, Federal Minister for Maritime Affairs of Pakistan. The delegation comprised senior representatives from various sectors.
AD Ports Group is the leading global facilitator of trade, logistics, and industry. The group has taken a significant step towards enhancing regional connectivity and fostering economic growth in Pakistan by signing a memorandum of understanding (MoU) with the Karachi Port Trust (KPT). The MoU paves the way for enhancing bilateral cooperation and increasing efforts in the development, expansion, and digitalisation of port projects within Pakistan.
The MoU signing between AD Ports Group and Karachi Port Trust represents a shared vision to drive sustainable growth, promote trade diversification, and strengthen bilateral ties between the UAE and Pakistan. The collaboration encompasses a wide range of initiatives and projects aimed at enhancing port infrastructure, optimising operational efficiencies, and embracing digitalisation. The group will leverage its technical expertise to conduct feasibility studies and analysis, to ensure commercial success of the project.
Captain Al Shamisi stated, “We aim to leverage our group’s extensive experience and capabilities to transform Karachi Port’s Container Terminal into a premier hub for transshipment as well as imported and exported cargo. In line with our wise leaderships’ vision for economic diversification, we anticipate that this collaboration will propel Karachi Port towards becoming a global hub of global trade and reinforce its significance as a key player in the trade and maritime industries, further stimulating economic prosperity in the region.”
Syed Syedain Raza Zaidi, Chairman Karachi Port Trust, stated, “This partnership with AD Ports Group is a significant milestone for Karachi Port Trust. By combining our strengths and expertise, we are poised to unlock unprecedented growth opportunities for our port and the wider trade community.”