Pakistan International Container Terminal

Pakistan

The loan provided by the Fund forms part of a total financing package of US$29.2m for six gantry cranes together with civil works and supporting equipment at Karachi Port. The project is the first phase of a three-part agreement with the Karachi Port Trust for the development of a common user container terminal at a total cost of US$82 million. On completion, the project will improve cargo handling efficiency at the port, stimulate trade, and benefit port users including shipping lines, importers and exporters through lower transport costs and higher service levels.