Business plan being prepared for Karachi Port Trust

LNG and coal terminals were being developed at PQA


APP March 04, 2017
Karachi Port Trust Building. PHOTO: JAVERIA ARSHAD

ISLAMABAD: Minister for Ports and Shipping Mir Hasil Khan Bizenjo informed the Senate that a 10-year business development plan was being prepared for the Karachi Port Trust (KPT) to achieve international standards, efficiency and productivity.

In a written reply, the minister said that the volume of cargo handled by KPT for the period of July 2016 to December 2016 was 25.8 million tons.

He said that the volume of cargo handled by Port Qasim Authority (PQA) for the period of July 2016 to December 2016 was 17.64 million tons, adding that to improve trade and the overall conditions a deep water container port has been established.

It has a capacity to handle 3.1 million Twenty-Foot Equivalent Unit (TEUs) containers including transhipment containers.

Bizenjo said that LNG and coal terminals were being developed at PQA on Build-Operate-Transfer (BoT) basis to increase handling capacity.

Published in The Express Tribune, March 4th, 2017.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

E-Publications

Most Read

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ