Pakistan, Sept. 11 -- News Desk
UAE's DP World signs $400m freight corridor deal with Railways
Published on: September 11, 2025 12:36 AM
UAEA Dubai-based global port management company has formally partnered with Pakistan's National Logistics Corporation (NLC) and Pakistan Railways to build the first phase of a $400 million freight corridor linking Karachi Port with the Pipri marshalling yard, a major rail hub on the city's outskirts, said an official statement on Wednesday.
The freight corridor is aimed at improving the movement of goods from the country's commercial hub to other regions.
Karachi Port currently handles 54 percent of Pakistan's trade with an annual capacity of 125 million tons, and the government wants to streamline its...