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The OPEC Fund
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  2. Pakistan International Container Terminal Phase II

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Pakistan International Container Terminal Phase II

Pakistan

Borrower Pakistan International Container Terminal
Financing Type Private Sector & Trade Finance
Instrument Private Sector Debt
Focus Area Transportation
Approved 14.12.2004
Signed 21.04.2005
Status Completed
Loan Administrator OPEC Fund
Co-financiers IFC, Equity
OPEC Fund Contribution (US$m) 6.00

Phase One of this project saw the procurement and installation of two ship-to-shore gantry cranes, together with rubbertire gantry cranes and supporting equipment. This loan will help finance Phase Two, which includes the acquisition of one additional gantry crane and a variety of container-handling equipment, along with the construction of new customs and administrative buildings. The expanded facilities are expected to significantly increase the terminal’s handling capacity and lead to substantial benefits for the economy.

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