Iran eyes CPEC with growing interest after port visit

Published
73
Karachi Port Trust Chairman Rear Admiral Jamil Akhtar on Friday is briefing an Iranian delegation about facilities and avenues available at the Deepwater Container Port for private investment.
Karachi Port Trust Chairman Rear Admiral Jamil Akhtar on Friday is briefing an Iranian delegation about facilities and avenues available at the Deepwater Container Port for private investment.

KARACHI: Iran’s Minister for Roads and Urbanisation Abbas Akhoundi expressed keen interest in exploring avenues available under the China-Pakistan Economic Corridor (CPEC).

The minister is leading a high level Iranian delegation which visited Karachi Port Trust (KPT) on Friday.

Akhoundi also showed interest in transshipment cargo handling. He said that Iran is keen to work with Pakistan for interconnection linkage between Karachi Port and Bandar Abbas as well as the development of tourism and facilitation of ‘zaireen’ (religious pilgrims).

He further said there was ample space of 204,000 hectares available at Bandar Abbas for promoting transshipment cargo handling facility.

KPT Chairman Rear Admiral Jamil Akhtar briefed the Iranian delegation about various projects.

He said the port is currently working on the expansion programme under the 10-Year Karachi Port Improvement Plan.

The Iranian delegation took keen interest in the deepwater container port project of KPT along with other future projects including the multipurpose bulk terminal, cargo village, LNG terminal and port elevated expressway.

The KPT chairman said that special care has been taken for opening up investment opportunities in marine sector for private sector.

The Iranian delegation was also given a tour of the South Asia Pakistan Terminals Ltd at the Deepwater Container Port.

Published in Dawn, April 14th, 2018

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...