Imran khan welcomes $240mn foreign investment from Utchison Port holdings.
A delegation of Hutchison Port Holdings led by their Group Managing Director Mr. Eric Ip called on Prime Minister Imran Khan last week. Minister for Maritime Affairs Syed Ali Haider Zaidi, Advisor to PM on Commerce Abdul Razzaq Dawood, Special Assistant to PM Syed Zulfiqar Abbas Bukhari, Ambassador at Large for Foreign Investment Mr. Ali Jehangir Siddiqui, Chairman Board of Investment Zubair Haider Gilani and senior officials were present during the meeting. The delegation from Hutchison Ports also included Mr. Andy Tsoi, Managing Director Middle East and Africa, Mr. Eric Ng, Business Director Middle East and Africa and the leadership of their Pakistan management team.
Group Managing Director Mr. Eric Ip apprised the Prime Minister of Hutchison Port Holdings' fresh investment into Pakistan approximating US$240 million that will make available a significant amount of new container terminal capacity at the Karachi Port, and increase Hutchison Ports' total investment in Pakistan to US$1 billion. The Prime Minister was informed that this investment will also grow Hutchison employees to 3,000 people.
The Prime Minister was also briefed about the development of Hutchison Port Holdings, its parent company CK Hutchison Holdings, and the group's commitment to play a pivotal role in facilitating the...
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