Hutchison Ports to invest $1 billion in Pakistan

ISLAMABAD: A high-level delegation from Hutchison Ports presented their upcoming investment plan of USD 1 billion to Finance Minister Senator Muhammad Aurangzeb during a meeting on Friday.

According to a press release issued by the ministry, the investment is expected to generate at least USD 4 billion in revenue over the next 25 years through royalty, rent, and tax contributions.

The high-level delegation from Hutchison Ports was led by Middle East and Africa Division Managing Director Andy Tsoi. It also included South Asia Pakistan Terminal CEO Changsu Kim, Karachi International Container Terminal CEO Navaid Qureshi, and Head of Government Relations Taimur Khan Afridi.

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The delegation briefed the minister on Hutchison Ports’ 25-year presence in Pakistan, where they have been operating two key terminals—HPKICT and HPSAPT. Over this period, the company has contributed more than PKR 225 billion in government revenues and has provided employment to a workforce of 5,000 individuals.

They highlighted that the $1 billion investment plan aims at upgrading Hutchison Ports’ existing terminals to enhance operational efficiency, logistics connectivity, and automation.

The delegation briefed that the investment includes infrastructure development, road improvements to facilitate efficient cargo movement, modernization of Karachi International Container Terminal into a cutting-edge automated terminal, and the development of a 52-hectare logistics park to enhance trade connectivity.

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Additionally, automation upgrades will include remote quay cranes, automated RTGs, electric trucks, and digitalized gate operations, alongside training programs for maritime professionals in port operations, management, and AI applications.

The finance minister appreciated Hutchison Ports’ commitment to Pakistan’s maritime sector and acknowledged their significant role in boosting trade and economic activity.

He assured them that the government remains committed to fostering a business-friendly environment to attract foreign investment.

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Senator Aurangzeb reaffirmed the government’s support for strategic investments that contribute to Pakistan’s economic growth and infrastructure development.