KGTL plans $100M Karachi port expansion after Iran war cargo surge

Karachi Gateway Terminal Ltd plans up to $100 million in new investment over five years to expand container and bulk facilities. The terminal has already completed a $60 million dredging project, enabling it to handle vessels up to 120,000 tonnes. The investment follows a cargo surge from the Iran war, which created an opportunity for Pakistan to become a transshipment hub.