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ICTSI reaffirms commitment to Pakistan port industry

Wednesday, 16 October 2019 | 00:00

International Container Terminal Services, Inc. (ICTSI) and its subsidiary Pakistan International Container Terminal (PICT) recently reaffirmed their commitment to support and improve Pakistan’s port industry. At a recent call to the Honorable Sindh Governor Imran Ismail Andrew, James Dawes, ICTSI senior vice president and Asia Pacific Regional Head, and Khurram Aziz Khan, PICT chief executive officer, reiterated the ICTSI Group’s support and commitment to the emerging development projects in the region that will benefit the port’s hinterland and stakeholder communities. In turn,

Governor Ismail commended PICT for providing value-added services and for closely collaborating with the business community to improve the ease of doing business in the Port of Karachi, the country’s busiest maritime gateway.

Courtesy call. Andrew James Dawes, ICTSI Senior Vice President and Regional Head of Asia Pacific (center) and Khurram Aziz Khan, Pakistan International Container Terminal (PICT) Chief Executive Officer (right), recently met with Governor Imran Ismail of Pakistan’s Sindh province. ICTSI and PICT reaffirmed their support to emerging development projects in the region, expected to benefit the Port of Karachi’s hinterland and stakeholder communities.

In October 2012, ICTSI completed the acquisition of a majority shareholding in Pakistan International Container Terminal (PICT), which holds a 21-year concession for the construction, development, operations and management of a common user container terminal at Karachi Port for a period of 21 years, commencing 2002. The preferred terminal for Indian subcontinent trade routes, PICT has excellent connections to Central Asia, Afghanistan, and Western Asia hinterlands.
Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port development, management and operations. As an independent business with no shipping, logistics or consignee-related interests, ICTSI works and transacts transparently with any stakeholder in the port community. ICTSI’s portfolio of terminals and projects spans developed and emerging market economies in the Asia Pacific, the Americas, and Europe, the Middle East and Africa. ICTSI has received global acclaim for its public-private partnerships with governments divesting of their port assets to the private sector.
Source: ICTSI

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