Iran eyes CPEC with growing interest after port visit

Published
Karachi Port Trust Chairman Rear Admiral Jamil Akhtar on Friday is briefing an Iranian delegation about facilities and avenues available at the Deepwater Container Port for private investment.
Karachi Port Trust Chairman Rear Admiral Jamil Akhtar on Friday is briefing an Iranian delegation about facilities and avenues available at the Deepwater Container Port for private investment.

KARACHI: Iran’s Minister for Roads and Urbanisation Abbas Akhoundi expressed keen interest in exploring avenues available under the China-Pakistan Economic Corridor (CPEC).

The minister is leading a high level Iranian delegation which visited Karachi Port Trust (KPT) on Friday.

Akhoundi also showed interest in transshipment cargo handling. He said that Iran is keen to work with Pakistan for interconnection linkage between Karachi Port and Bandar Abbas as well as the development of tourism and facilitation of ‘zaireen’ (religious pilgrims).

He further said there was ample space of 204,000 hectares available at Bandar Abbas for promoting transshipment cargo handling facility.

KPT Chairman Rear Admiral Jamil Akhtar briefed the Iranian delegation about various projects.

He said the port is currently working on the expansion programme under the 10-Year Karachi Port Improvement Plan.

The Iranian delegation took keen interest in the deepwater container port project of KPT along with other future projects including the multipurpose bulk terminal, cargo village, LNG terminal and port elevated expressway.

The KPT chairman said that special care has been taken for opening up investment opportunities in marine sector for private sector.

The Iranian delegation was also given a tour of the South Asia Pakistan Terminals Ltd at the Deepwater Container Port.

Published in Dawn, April 14th, 2018

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

Opinion

Editorial

Hamas’s move
Updated 08 Jul, 2026

Hamas’s move

THE decision taken by Hamas to relinquish governance of Gaza appears to be designed to put the onus on the US and...
Terrorism threat
Updated 08 Jul, 2026

Terrorism threat

THE surge in terrorist violence in Balochistan highlights the renewed threat confronting Pakistan. The martyrdom of...
Football meddling
08 Jul, 2026

Football meddling

AFTER ending co-hosts America’s World Cup run in the last-16 stage, Belgium felt justice had been served. It was...
America at 250
07 Jul, 2026

America at 250

THOUGH America’s 250th independence anniversary observed on Saturday is a significant milestone, the celebrations...
Ravi encroachments
07 Jul, 2026

Ravi encroachments

SUPARCO’S satellite imagery reveals the rapid expansion of Lahore into the floodplains of the Ravi river, with the...
Misdirected justice
07 Jul, 2026

Misdirected justice

ACHILD will be tried in a court of law over January’s deadly Gul Plaza fire that claimed 72 lives, but not, it...