Hong Kong based firm to invest $240 million in Pakistan

ISLAMABAD: Group Managing Director Mr Ericapprised of a Hong Kong-based port operator group Hutchison Port Holdings announced to invest $240 million in Pakistan in a meeting with Prime Minister Imran Khan in Islamabad, informed the Prime Minister Office.

Federal Minister for Maritime Affairs, Ali Zaidi, PM’s Adviser on Commerce, Razak Dawood, and Zulfi Bukhari and Ali Jehangir Siddiqui were also present in the meeting.

Supporting the development of Karachi Port into a major hub for trade in Asia, the development of Hutchison Port Holdings will play a fundamental role in facilitating the economic growth of Pakistan.

Headquartered in Hong Kong, Hutchison Port Holdings is one of the world’s largest port companies, with over 30,000 employees, operating 52 ports and terminals in 27 countries spanning Asia, Middle East, Africa, Europe, the Americas and Australia.

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