Ports operating profitably despite partial capacity use

ISLAMABAD:

Minister for Maritime Affairs Junaid Chaudhry has apprised the National Assembly that Pakistan's ports were operating profitably despite currently running at around 50 per cent of their handling capacity, with multiple initiatives under way to expand utilization and boost revenue.

Responding to a question, the minister clarified that ports acted as facilitators for cargo handling and their utilization depended directly on the country's import and export volumes. "It is correct that ports like Karachi Port and Port Qasim are presently operating at partial capacity, but they remain in profit," he said.