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KGTL plans up to $100m more investment in Karachi port after cargo surge from Iran war

Dawn 23 June 2026 8h ago
KGTL plans up to $100m more investment in Karachi port after cargo surge from Iran war
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The Karachi Gateway Terminal Ltd (KGTL) is planning up to $100 million in new investment within five years as Pakistan tries to cut freight costs and turn a cargo surge triggered by the Iran war into longer-term regional shipping gains. KGTL, backed by Abu Dhabi Ports Group, has already completed a $60m dredging project at Karachi Port and is expanding container and bulk-handling facilities, Chief
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