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What does UAE's latest investment in Karachi Port mean for Pakistan?

The collaboration will give Pakistan a thriving container terminal that can attract investment and help revive the economy.
Shipping containers are seen stacked on a ship at a sea port in Karachi on April 6, 2023. (Photo by Aamir QURESHI / AFP) (Photo by AAMIR QURESHI/AFP via Getty Images)

KARACHI, Pakistan — A significant investment deal was finalized last week between the UAE-nominated AD Ports Group, a leading Emirati port operator and Pakistan's Karachi Port Trust (KPT), strengthening maritime industry ties between Abu Dhabi and Islamabad.

According to the 50-year concession agreement, the group will operate one of the port’s terminals — namely the Karachi Gateway Terminal Limited (KGTL) — and substantially invest in its infrastructure and superstructure with the bulk of it planned for 2026.

Extending Abu Dhabi’s influence, the AD Ports Group owns and operates 10 ports in the United Arab Emirates (UAE), while it has expanded a global network from Africa to Central Asia.

Capt. Mohamed Juma Al Shamisi, managing director and CEO of the AD Ports Group, said that the port terminal agreement exemplified his group’s strategy to invest in “key maritime trade routes for the UAE, replicating our successful integrated business model in regions that offer long-term, sustainable growth prospects.”

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