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KGTL paid $50 million to Karachi Port Trust on April 22 2024 as upfront payment. [19] [20] [21] Of this upfront payment $25 million are for concession fee and the remaining $25 million are advance payment for use of the port for KGTL's container terminal operations. [20] Mr. Khurram Aziz Khan is the current CEO of both KGTL and KGTML. [22]
Karachi Gateway Terminal (Private) Limited (KGTL) operates a container terminal port at berths 6-10 on the East Wharf of Karachi Port. [7] The 50-years term concession was signed between AD Ports Group - majority shareholder in KGTL - and Karachi Port Trust. KGTL will grow the container handling capacity to 1 million TEUs per annum.
Karachi Gateway Terminal (Private) Limited - KGTL, operates under a 50-year concession to operate a container terminal at berths 6-10 on the East Wharf of Karachi Port. KGTL is a joint venture firm of AD Ports Group as a major investor and Kaheel Terminals. [18]
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A Canadian man was arrested at Miami International Airport after attacking multiple people, including Transportation Security Administration officers. The TSA confirmed on Monday that the incident ...
Pakistan International Container Terminal (PICT) was established in 2002 on build–operate–transfer basis. [2] It was a joint venture between Premier Mercantile Services and Hamburg Port. [1] The total cost of the project was estimated at $75 million out of which $9.25 million was funded by the International Finance Corporation in form of loans.
Inside the departures terminal, dozens of yellow and beige tents have been set up for relatives to sleep in as rescuers search the wreckage for the bodies of their loved ones. No one wants to ...
It started its air cargo logistics operations at the Kai Tak International Airport, Kowloon Peninsula in 1976 and it was the only air cargo terminal operator in town at that time. On 6 July 1998, it was relocated to SuperTerminal 1 (ST1) at Hong Kong International Airport, Chek Lap Kok , Lantau Island , Hong Kong.