Urgent.News

What's breaking now, across thousands of outlets.

World

Chinese company meets President Zardari, proposes $522m for first phase of Keti Bunder port

Zardari calls for protection of Indus Delta as CHEC outlines plans for multi-terminal maritime gateway

Chinese company meets President Zardari, proposes $522m for first phase of Keti Bunder port

Chinese company CHEC proposed a $522.34 million investment for the first phase of the Keti Bunder port project in a meeting with President Asif Ali Zardari on Monday. CHEC presented a Conceptual Master Plan for the Keti Bunder Port, outlining plans for a new maritime gateway with multiple terminals, logistics facilities, and supporting infrastructure.

The Phase-I development includes a multi-purpose terminal with a 500-meter quay, as presented by the Chinese delegation. President Zardari emphasized the project's potential as an additional maritime gateway for Pakistan, calling for an integrated approach that supports road connectivity, power, water supply, industrial infrastructure, and environmental sustainability.

CHEC's delegation, including Wu Ping and Ali Raza, along with Pakistani officials such as Sindh Chief Minister Syed Murad Ali Shah and Senator Saleem Mandviwala, attended the meeting.

Written by urgent.news from The Express Tribune - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at tribune.com.pk →

More in World

More from Monday 24 August →