Hutchison Ports offers $1b investment plan
Hutchison to begin operation in October. PHOTO: FILE
A high-level delegation of Hutchison Ports presented their upcoming investment plan of $1billion, aimed at upgrading existing terminals to enhance operational efficiency, logistics connectivity, and automation to Federal Minister for Finance Muhammad Aurangzeb on Friday.
According to press release issued by finance ministry, the delegation was led by Andy Tsoi, Managing Director, Middle East and Africa Division.
The delegation briefed the Minister on Hutchison Ports' 25-year presence in Pakistan, where they have been operating two key terminalsHPKICT and HPSAPT. Over this period, the company has contributed more than Rs225 billion in government revenues and has provided employment to a workforce of 5,000 individuals.