The UAE port group AD Ports will oversee the management of the Pakistani port of Karachi. The Abu Dhabi company has signed a 50-year concession contract with the Karachi Port Trust, an agreement which provides, inter alia, for the establishment of a joint venture between AD Ports, which will hold the majority, and the Emirati Kaheel Terminals which will manage and will develop the container terminal Karachi Gateway Terminal (KGTL), terminal located on quays 6-9 of the Pakistani port so far operated by Pakistan International Container Terminal (PICT), a company listed on the Pakistan Stock Exchange and investee 64% from the Philippine terminalista group ICTSI ( of 6 March 2012), in the context of a concession contract for the duration of 21 years that expired last Saturday.

AD Ports has specified that the joint venture will realize significant investments over the next ten years to the expansion of docks and storage areas, and dredging, of which the largest share is expected in 2026. The interventions - explained the company - allow the terminal to serve post-Panamax container ships of the capacity up to 8.500 teu and will increase the capacity of terminal traffic from 750 thousand to one million teu per year.

In 2022 the PICT terminal has enlivened a traffic containerized pairs to 371.028 teu, with a bending of the -22.1% on the previous year.