Business plan being prepared for Karachi Port Trust

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 4^th, 2017.

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