AD Ports Group announced that Karachi Gateway Terminal Multipurpose Limited and Louis Dreyfus signed a long-term commercial agreement to develop and operate a modern clean bulk handling and storage facility for agricultural goods at Karachi Port.
Under the agreement, KGTML will invest in the design and construction of a highly efficient, food-grade clean bulk facility, including a handling and conveyor system along with associated infrastructure and utilities, to support efficient handling and storage of dry agricultural bulk cargo in line with international best practices, while LDC has committed to providing an inbound volume of agricultural commodities.
LDC will leverage the new infrastructure as part of its plans to grow its presence in Pakistan.
The investment is in addition to the US$ 75 million previously committed by AD Ports Group during phase one of the KGTML project.
A Strategic Investment and Infrastructure Utilisation Agreement was signed in Abu Dhabi by Mohammed Al Tamimi, CEO of Noatum Ports, and Rubens Marques, Head of South and Southeast Asia for LDC.
The new facility will enhance efficiency, reduce handling times, and improve the resilience of Pakistan’s agricultural logistics network, in line with international food safety and operational standards.
By leveraging advanced infrastructure, the project will strengthen regional trade connectivity and contribute to wider access to food.
Mohammed Al Tamimi, Chief Executive Officer of Noatum Ports, stated that under the agreement, KGTML will design, construct, and operate a food-grade silo system to support efficient handling and storage of dry agricultural bulk cargo, in line with international best practices.
Rubens Marques, LDC’s Head of South and Southeast Asia, commented the facility will be a key lever as they work to enhance the supply chain capabilities for the benefit of the business partners up and downstream in Pakistan, the region and beyond.
In addition to KGTML, AD Ports Group is also developing, operating, and managing the Karachi Gateway Terminal Limited container terminal at Karachi Port.
Pakistan plays a strategic role in AD Ports Group’s strategy as the maritime gateway to Central Asia, where the Group is developing the ‘Middle Corridor’ East-West land route between China and Europe.
