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AD Ports to review KPT cargo tariffs
['Zafar Bhutta']
The Express Tribune
The federal government has constituted a negotiation committee to engage with AD Ports Group on the issue of cargo handling charges.
The committee comprises Chairman Karachi Port Trust (KPT) Rear Admiral Shahid Ahmed, along with the country representative of AD Ports Group.
KPT had signed a commercial agreement with the UAE-based AD Ports Group for outsourcing operations of the Bulk and General Cargo Terminal at East Wharf.
Subsequently, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry took up the matter with AD Ports Group, seeking a reduction in cargo handling charges.
AD Ports Group had announced that the joint venture would make significant investments in infrastructure and superstructure over the next 10 years.