Keti Bandar Port Phase-I estimated at $522mn

Business Recorder reported that Phase-I of the proposed Keti Bandar Port is pegged at around $522.34 million. The plan includes a 500-metre multi-purpose terminal, which would form part of a planned deep-water gateway in Sindh. The estimate emerged from a presentation by China Harbour Engineering Company (CHEC), according to a statement issued on Monday.

A Chinese delegation, including CHEC's chief representative in Pakistan Wu Ping, presented a conceptual master plan with several terminals, logistics facilities and supporting infrastructure. President Asif Ali Zardari welcomed the visit and praised China's ongoing support for Pakistan's infrastructure and maritime growth. He asked for an integrated approach, backed by road links, power, water, industrial facilities and other essentials.

Zardari said the port could add a further sea gateway, strengthening Pakistan's port and logistics network and boosting trade links. He also urged protection of the fragile Indus Delta ecosystem and the livelihoods of local fishing communities. He encouraged further technical engagement to refine the master plan and settle on an implementation and financing framework.