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- Where we work
- Pakistan International Bulk Terminal Limited (PIBT)
Pakistan International Bulk Terminal Limited (PIBT)
Pakistan
| Borrower | Pakistan International Bulk Terminal Limited (PIBT) |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Transportation |
| Approved | 05.10.2011 |
| Signed | 12.07.2012 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Co-financiers | Bank of Punjab, Sponsor Equity, IFC, NIB Bank Ltd, JS Bank Ltd, Askari Bank Ltd, Sindh Bank Ltd, Faysal Bank Ltd, Al Baraka Bank, Mezzan Bank, Dubai Islamic Bank |
| OPEC Fund Contribution (US$m) | 20.00 |
The project consists of the construction and operation of a bulk terminal at Port Qasim, located about 50km southeast of Karachi. The terminal will be capable of receiving up to 75,000 DWT vessels and handling of around 15.7 MTPA of various types of bulk cargo including cement, clinker, coal, iron ore and other minerals.