‘Karachi Port can become transshipment hub’
Goal can be achieved via port charges rationalisation, infrastructure development
KARACHI:
By rationalising port charges and developing infrastructure, Karachi Port can become a transshipment hub - a port that connects two destinations that otherwise could not be connected directly - for Central Asian countries.
“During Covid-19, activity at our ports slowed down that has given us a chance to reconsider the long-held programme about making Karachi Port a transshipment hub,” said United Business Group (UBG) Standing Committee on Maritime Affairs, Communications and Gwadar Development Chairman Tariq Haleem while talking to The Express Tribune.
“There are 12 Central Asian Republicans (CARs) that in total have imports and exports worth $450 billion and they do not have a port - a huge opportunity for Pakistan,” he stressed.
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