The governments of Dubai and Pakistan have signed two inter-governmental framework agreements to strengthen their relations in the marine and logistics sectors, including the potential establishment of a Dedicated Freight Corridor and Economic Zone near Karachi.
DP World, which operates the Qasim International Container Terminal (QICT) in Pakistan, will act on behalf of the Dubai government, while state-run Pakistan Railways and Port Qasim Authority will act on behalf of the Pakistan government for the development of the projects.
Sultan Ahmed bin Sulayem, chairman of PCFC and group chairman and CEO of DP World, said: “Pakistan is a growing market, and an important trade corridor to Central Asia.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.