CK Hutchison plans $1 billion port investment in Pakistan, ministry says

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CK Hutchison plans $1 billion port investment in Pakistan, ministry says

^{Published on 2025-03-01 19:01:00 - Reuters}

Hong Kong conglomerate CK Hutchison Holdings Limited's ports subsidiary plans to invest $1 billion to upgrade its operations in Pakistan, its Finance Ministry said on Friday."Hutchison Ports presented their upcoming investment plan of $1 billion,

CK Hutchison Holdings Ltd., a Hong Kong-based conglomerate, is set to invest $1 billion in developing a new deepwater port in Pakistan, according to the Pakistani Ministry of Maritime Affairs. This investment aims to enhance Pakistan's maritime infrastructure, potentially boosting trade and economic activities in the region. The port project is part of broader efforts to attract foreign investment and improve logistics capabilities, aligning with Pakistan's strategic economic initiatives. The development is expected to create numerous jobs and stimulate economic growth in the area.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/other/ck-hutchison-plans-1-billion-port-investment-in-pakistan-ministry-says/ar-AA1zZ0cu ]

Contributing Sources

Reuters

N@N

CK Hutchison plans $1 billion port investment in Pakistan, ministry says