Hong Kong-based conglomerate CK Hutchison Holdings Limited, through its subsidiary Hutchison Ports, has announced a $1 billion investment plan to enhance its port operations in Pakistan. This initiative aims to upgrade existing terminals, improve operational efficiency, bolster logistics connectivity, and implement automation technologies, particularly in Karachi’s deep-water container terminal.
Over the next 25 years, this investment is projected to generate at least $4 billion in revenue through royalties, rent, and tax contributions. Hutchison Ports has been active in Pakistan for 25 years, operating two major terminals and contributing over 225 billion Pakistani rupees (approximately $805 million) to the government during this period.
The planned enhancements include automating services and improving infrastructure such as roads and parking facilities to facilitate cargo movement. This development aligns with Pakistan’s efforts to attract foreign investment, strengthen its economy, and modernize critical infrastructure, with ports identified as vital for economic growth.
While no specific timeline has been provided for the investment, the announcement underscores a significant commitment to Pakistan’s port infrastructure development.
