Islamabad, Hong Kong conglomerate discuss ‘swift execution’ of $1 billion investment in Pakistan’s ports

Pakistan's Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry (left) meets Hutchison Ports Managing Director, Andy Tsoi in Islamabad, Pakistan on March 19, 2025. (PID)
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Updated 20 March 2025
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Islamabad, Hong Kong conglomerate discuss ‘swift execution’ of $1 billion investment in Pakistan’s ports

  • Hutchison Ports this month announced its plans to invest $1 billion to upgrade Pakistan’s port infrastructure
  • Pakistani minister, Hutchison Ports official agree to remove the project’s bottlenecks, says maritime affairs ministry

ISLAMABAD: Pakistan’s maritime affairs minister and a senior official of Hutchison Ports, a subsidiary of Hong Kong conglomerate CK Hutchison Holdings Limited, recently discussed the “swift execution” of a proposed $1 billion investment to modernize Pakistan’s ports, a statement from the maritime affairs ministry said. 

Hutchison Ports delegates met Pakistan’s Finance Minister Muhammad Aurangzeb earlier this month to present their $1 billion investment plan. The plan is aimed at upgrading Hutchison Ports’ existing terminals in Pakistan to enhance operational efficiency, logistics connectivity, and automation.

Hutchison Ports has been operating two terminals, HPKICT and HPSAPT, in Pakistan and has contributed more than Rs225 billion ($804 million) in government revenues and provided employment to a workforce of 5,000 individuals, according to the port operator.

“Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry met with Andy Tsoi, Managing Director of Hutchison Port Holdings Limited, to discuss the swift execution of the previously proposed $1 billion investment aimed at upgrading Pakistan’s port infrastructure,” Pakistan’s Ministry of Maritime Affairs said on Wednesday.

 The statement said that the two discussed addressing challenges, expediting approvals and ensuring “smooth implementation” of port modernization plans to enhance Pakistan’s trade and maritime capabilities.

Both sides also discussed regulatory clearances, infrastructure upgrades and supply chain improvements, the ministry said, adding that they agreed to remove bottlenecks that could slow down the project.

“Andy Tsoi reiterated Hutchison Ports’ commitment to Pakistan and emphasized the importance of efficient execution to maximize economic benefits,” the ministry said. 

Hutchison Ports’ investment plan covers modernization of the Karachi International Container Terminal (KICT) and South Asia Pakistan Terminals Limited (SAPT), including provision of advanced port equipment, electrification of operations and improved road connectivity. 

The ministry said that to facilitate seamless trade, both parties agreed to enhance coordination among stakeholders and establish a clear roadmap for “timely execution.”

“Federal Minister Muhammad Junaid Anwar Chaudhry assured Hutchison Ports of the government’s full cooperation in resolving operational challenges, streamlining approvals, and ensuring a favorable investment environment,” the statement added. 

Pakistan has aggressively tried to boost foreign trade in recent months and sought international partnerships to expand its maritime activities.

On Jan. 22, South Korean shipping company HMM launched the India North Europe Express (INX) weekly shipping service in Pakistan, providing the country direct access to Europe.

Dubai-based logistics giant DP World, in collaboration with Pakistan’s National Logistics Corporation, launched in January a feeder service to transport shipping containers from Dubai to Karachi, Pakistani state media reported. 

Pakistani officials and DP World have also finalized terms for a freight corridor project from Karachi Port to the Pipri Marshalling yard in southern Pakistan.

These efforts are in line with Pakistan’s efforts to navigate a tricky path to economic recovery after it nearly defaulted on its debts in 2023 before an International Monetary Fund (IMF) bailout program came to its rescue. 


Pakistan combing for perpetrators after deadly Balochistan attacks

Updated 49 min 45 sec ago
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Pakistan combing for perpetrators after deadly Balochistan attacks

  • Pakistan has been battling a Baloch separatist insurgency for decades, with frequent armed attacks on security forces, foreign nationals and non-locals
  • Militants stormed banks, jails, police stations and military installations, killing 31 civilians and 17 security personnel, the Balochistan chief minister says

QUETTA: Pakistan forces were hunting on Sunday for the separatists behind a string of coordinated attacks in restive Balochistan province, with the government vowing to retaliate after more than 190 people were killed in two days.

Around a dozen sites remained sealed off, with troops combing the area a day after militants stormed banks, jails, police stations and military installations, killing at least 31 civilians and 17 security personnel, according to the chief minister of Balochistan province.

At least 145 attackers were also killed, he added, while an official told AFP that a deputy district commissioner had been abducted.

That figure includes more than 40 militants that security forces said were killed on Friday.

Mobile internet service across the province has been jammed for more than 24 hours, while road traffic is disrupted and train services suspended.

After being rocked by explosions, typically bustling Quetta lay quiet on Sunday, with major roads and businesses deserted, and people staying indoors out of fear.

Shattered metal fragments and mangled vehicles litter some roads.

"Anyone who leaves home has no certainty of returning safe and sound. There is constant fear over whether they will come back unharmed," Hamdullah, a 39-year-old shopkeeper who goes by one name, told AFP in Quetta.

The chief minister, Sarfraz Bugti, told a press conference in Quetta that all the districts under attack were cleared on Sunday.

"We are chasing them, we will not let them go so easily," he said.

"Our blood is not that cheap. We will chase them until their hideouts."

The Baloch Liberation Army (BLA), the province's most active militant separatist group, claimed responsibility for the attacks in a statement sent to AFP.

The group, which the United States has designated a terrorist organisation, said it had targeted military installations as well as police and civil administration officials in gun attacks and suicide bombings.

Interior Minister Mohsin Naqvi, who flew to Quetta late Saturday to join funerals, claimed without offering any evidence that the attackers were supported by India.

"We will not spare a single terrorist involved in these incidents," he said.

In a press conference on Sunday, Pakistan Defence Minister Khawaja Asif likewise claimed the attackers enjoyed links to India and pledged to "completely eliminate these terrorists".

India denied any involvement.

"We categorically reject the baseless allegations made by Pakistan, which are nothing but its usual tactics to deflect attention from its own internal failings," said foreign ministry spokesman Randhir Jaiswal on Sunday.

'BROAD DAYLIGHT'

Pakistan has been battling a Baloch separatist insurgency for decades, with frequent armed attacks on security forces, foreign nationals and non-local Pakistanis in the mineral-rich province bordering Afghanistan and Iran.

Saturday's attacks came a day after the military said it killed 41 insurgents in two separate operations in the province.

The insurgents released a video showing group leader Bashir Zaib leading armed units on motorcycles during the attack.

Another clip claimed to show the abducted senior official from Nushki district.

In another district, militants freed at least 30 inmates from a district jail, while seizing firearms and ammunition. They also ransacked a police station and took ammunition with them.

"It was one of the most audacious attacks in the region in recent years, as unlike other attacks, it took place in broad daylight," Abdul Basit at the S. Rajaratnam School of International Studies in Singapore told AFP.

"It is alarming that militants, with coordinated manpower and strategic acumen, have now reached the provincial capital," he added.

Several of the BLA's videos featured women insurgents, while Defence Minister Asif said at least one of the suicide bombers was a young woman.

"They continue to showcase women strategically in high-visibility attacks," Basit said.

Pakistan's poorest province and largest by landmass, Balochistan lags behind the rest of the country in almost every index, including education, employment and economic development.

Baloch separatists accuse Pakistan's government of exploiting the province's natural gas and abundant mineral resources, without benefiting the local population. The government denies this.

The BLA has intensified attacks on Pakistanis from other provinces working in the region in recent years, as well as foreign energy firms.

Last year, the separatists attacked a train with 450 passengers on board, sparking a deadly two-day siege.