Hong Kong-based CK Hutchison Holdings Ltd. plans a $1 billion investment to modernize its operations in Pakistan. The company’s port subsidiary will upgrade existing terminals to boost operational efficiency, logistics connectivity, and automation.
This move is set to generate $4bn in revenue over the next 25 years. The investment will focus on automating services in Karachi’s deep-water container terminal and improving infrastructure. Hutchison has been operating in Pakistan for 25 years, contributing over $805 million in government revenue.
This development aligns with Pakistan’s efforts to attract foreign investment to revive its economy.