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            january 20, 2019

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PM opens Hutchison's 3.1 million TEU terminal in Karachi


Pakistani Prime Minister Shahid Khaqan Abbasi has officially opened Hong Kong's Hutchison Port 3.1 million TEU terminal in Karachi, reports London's Container Management journal.
"The Deep Water Container Terminal has made Pakistan a major hub for regional countries," said the PM, adding that the port would also connect Pakistan to the rest of the world.
The high-tech terminal, supervised by Karachi Port Trust (KPT), is built at a cost of US$1.4 billion.
The port had successfully handled four of world's largest containerships during test operations.
It is capable of handling mother vessels having a loaded capacity of up to 18,000 TEU, say terminal officials.
The port has an annual capacity of 3.1 million TEU, higher than the capacity of all terminals in the country at 2.5 million TEU combined.
The terminal was named as Hutchison Ports Pakistan, which is a public-private partnership of Karachi Port Trust (KPT) and Hong-Kong-based Hutchison Ports.
"The terminal will be a key component (of the) overall CPEC system, assisting and facilitating CPEC developments in Pakistan, which governments of both Pakistan and China are pursing vigorously," said Prime Minister Abbasi.

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