Karachi: Khor Fakkan Container Terminal (KCT) is only fully-fledged operational container terminal within United Arab Emirates (UAE) that is located outside Strait of Hormuz and an official said exports from Pakistan will take day less if compared to Dubai, making trade more efficient and cost effective.

Andrew Hoad, Chief Commercial Official at Gulftainer Co. Ltd, told that they certainly want to compete with their Dubai counterparts saying “Competition is healthy”. “It helps in making things efficient,” he said. Gulftainer is maritime port terminal operator in state of Sharjah in UAE.

Gulftainer also has joint venture for trucking company with Pak Shaheen Group based in Karachi that was signed in 2006. Joint venture focuses on inland logistics and transportation in Pakistan. Pak Shaheen Group has operations through Karachi Port, Port Bin Qasim, Lahore Dry Port, Faisalabad Dry Port and every sea port and airport in Pakistan.

“The reason I am here (in Pakistan) is belief and confidence in Pakistan. There’s a lot of trade happening between Pakistan and UAE. There’s significant Pakistani trading community based in UAE, particularly in Sharjah,” Hoad said. On piece of paper, Hoad demonstrated how Khor Fakkan port is closer and unloading exports at this terminal is efficient as it takes day less in comparison to Dubai.

Published in The Daily National Courier, March, 24 2023

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