Li Ka-shing's second Pakistan terminal to start operations after 5-year delay

Karachi

BILLIONAIRE Li Ka-shing's Hutchison Port Holdings Ltd is set to start its second Pakistan terminal after a five-year delay, giving mega vessels access to the coastal city of Karachi for the first time.

Hutchison's terminal operations in South Asia's second largest economy will commence before the end of this year, as agreed with the Karachi Port Trust, the company said on Monday.