US, Kazakhstan eye investment in Pakistan’s ports

Pakistan’s strategic ports are attracting increasing international attention, with both the United States and Kazakhstan expressing keen interest in investing and enhancing regional connectivity. Following a recent agreement to harness natural resources, a US delegation visited the Ministry of Maritime Affairs on Tuesday. Federal Secretary Syed Zafar Ali Shah briefed the delegation on Pakistan’s port facilities, operational capacities, and investment opportunities. The delegation was informed that Karachi Port handles 54pc of Pakistan’s trade, with an annual capacity of 125 million tonnes. The port’s infrastructure includes three private container terminals, bulk and liquid cargo facilities, and dry cargo berths. It has recently improved its global ranking to 61st among 405 container ports, and successfully managed the country’s largest vessel, measuring 400 metres.