French trading giant Louis Dreyfus is coming onboard a Pakistani port development programme, signing with a subsidiary of AD Ports Group to create a clean bulk handling and storage facility for agricultural goods at Karachi port.
Rubens Marques, Louis Dreyfus’s head of South and Southeast Asia, said: “This development reflects our long-term commitment to the country, where we have been operating for over 15 years, and our confidence in its growing role in global agricultural trade. The facility will be a key lever as we work to enhance our supply chain capabilities for the benefit of our business partners up- and downstream – in Pakistan, the region and beyond.”
In addition to Karachi Gateway Terminal Multipurpose Limited where this new bulk port will be located, AD Ports Group also operates the Karachi Gateway Terminal Limited (KGTL) container terminal.
AD Ports said today Pakistan plays a strategic role in its strategy as the maritime gateway to Central Asia, where the group is developing the so-called Middle Corridor east-west land route between China and Europe.
