$1bn investment plans proposed for ports uplift

KARACHI: A prospective investment blueprint delineating a proposed infusion of $1 billion into various plans for port development in Pakistan was unveiled on Tuesday by Hutchison Ports, one of the world’s leading ports network, already operating in the country.

The plan was unveiled by a delegation of the Hong Kong-based ports network during a meeting with Minister for Maritime Affairs Qaiser Ahmed Sheikh. The delegation discussed the prospective expansion plans for investment in Karachi...