KARACHI: A six-member South Korean delegation has shown keen interest in development of the Karachi Port’s infrastructure particularly its elevated expressway and multi-purpose bulk coal terminal.

The delegation led by Director of Port Investment Cooperation Division Hi Young Lee held a detailed meeting with Karachi Port Trust (KPT) Chairman Vice-Admiral Shafqat Jawed and other officials on Monday. The Koreans also took keen interest in industrial park and cargo village planned by the KPT and offers investment opportunities.

The KPT chairman informed the delegation that the port is well-equipped and has complete infrastructure to facilitate port users.

He also informed the Koreans that the recently undertaken dredging has made the port capable of handling 13-metre draught vessels. “Once the Pakistan Deep Water Container Port (PDWCP) comes into operation it will enable the country to accommodate bigger Panamax class vessels.”

Published in Dawn, July 28th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Border clashes
19 May, 2024

Border clashes

THE Pakistan-Afghanistan frontier has witnessed another series of flare-ups, this time in the Kurram tribal district...
Penalising the dutiful
19 May, 2024

Penalising the dutiful

DOES the government feel no remorse in burdening honest citizens with the cost of its own ineptitude? With the ...
Students in Kyrgyzstan
Updated 19 May, 2024

Students in Kyrgyzstan

The govt ought to take a direct approach comprising convincing communication with the students and Kyrgyz authorities.
Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...