Hutchison Ports unveils $1bn investment plan to boost logistics connectivity

February 28, 2025 (MLN): Hutchison Ports has presented its upcoming $1 billion investment plan aimed at upgrading existing terminals to enhance operational efficiency, logistics connectivity, and automation.

This investment is expected to generate at least $4bn in revenue over the next 25 years through royalty, rent, and tax contributions.

The discussion took place during a meeting between the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and a high-level delegation from Hutchison Ports, led by Andy Tsoi, Managing Director of the Middle East & Africa Division.

The delegation briefed the Minister on Hutchison Ports’ 25-year presence in Pakistan, where they have been operating two key terminals—HPKICT and HPSAPT, according to the press release issued today.

Over this period, the company has contributed more than Rs225bn in government revenues and has provided employment to a workforce of 5,000 individuals.

The aforementioned investment plan includes infrastructure development, road improvements to facilitate efficient cargo movement, modernization of HPKICT into a cutting-edge automated terminal, and the development of a 52-hectare logistics park to enhance trade connectivity.

Additionally, automation upgrades will include remote quay cranes, automated RTGs, electric trucks, and digitalized gate operations, alongside training programs for maritime professionals in port operations, management, and AI applications.

The finance minister appreciated Hutchison Ports’ commitment to Pakistan’s maritime sector and acknowledged their significant role in boosting trade and economic activity.

He assured them that the government remains committed to fostering a business-friendly environment to attract foreign investment.

He reaffirmed the government’s support for strategic investments that contribute to Pakistan’s economic growth and infrastructure development.

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