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- Pakistan International Container Terminal Phase II
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.