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11/13/24, 4:10 PM AD Ports and Pakistan to collaborate in trade, logistics sectors - ARN News Centre- Trending News, Sports News, Business News…
AD Ports Group is a major investor in Pakistan, which is a strategic trade gateway to Central Asia and Russia.
With UAE partner Kaheel Terminals, AD Ports Group is developing, operating and managing container, bulk and
general cargo operations at the Port of Karachi, where it has agreed to invest almost $400 million over 15 years.
The UAE is one of Pakistan’s largest trade partners and a major source of foreign investment, which has amounted
to more than $10 billion over the last 20 years, according to the UAE Ministry of Foreign Affairs.
The UAE-Pakistan trade volume rose to $7.9 billion in 2023, up 12 per cent from 2022, according to the UAE Ministry
of Economy.
"These MoUs will contribute to providing new opportunities for the business communities and private sectors on both
sides, support sustainable development efforts, and stimulate joint economic growth to achieve the mutual interests
of both countries and peoples," said Dr. Al Zeyoudi.
https://www.arnnewscentre.ae/en/news/business/ad-ports-and-pakistan-to-collaborate-in-trade-logistics-sectors/ 2/2
