Abu Dhabi has pledged to invest $250 million over the next 10 years to upgrade the Karachi Port and enhance economic activities in Pakistan. The CEO of Abu Dhabi Ports Pakistan, Khurram Aziz Khan, met with Prime Minister Shehbaz Sharif to discuss the investment plan. The company will invest $130 million to build a fully equipped multipurpose terminal within two years, allowing for cargo ships of up to 120,000 tonnes to dock at the port.
Prime Minister Shehbaz also met with a Huawei delegation led by CEO Ethan Sun, where they discussed increasing IT exports and providing advanced IT training to Pakistani students. Huawei expressed interest in collaborating with the government to transform Islamabad into a smart city.
In another meeting with the Ambassador of Oman, Fahad Sulaiman Khalaf Al Kharusi, Prime Minister Shehbaz offered support to Oman in combating terrorism after a recent attack on a mosque in Muscat. He praised Oman’s cooperation in repatriating the bodies of the victims and treating the injured.
Overall, these meetings signify Pakistan’s commitment to enhancing economic ties with Abu Dhabi, advancing IT services with Huawei, and supporting Oman in the fight against terrorism.
Published in Dawn, July 20th, 2024