- Source: Pakistan International Container Terminal
Pakistan International Container Terminal (PICT) was a container terminal port located located at berths 6-9 on the East Wharf of the Port of Karachi.
History
Pakistan International Container Terminal (PICT) was established in 2002 on build–operate–transfer basis. It was a joint venture between Premier Mercantile Services and Hamburg Port. The total cost of the project was estimated at $75 million out of which $9.25 million was funded by the International Finance Corporation in form of loans. The funds were used to acquire container handling equipment and quay cranes.
In 2003, PICT was listed on the Karachi Stock Exchange, following an initial public offering.
In April 2004, the first phase of the project became operational at a cost of $30 million.
In April 2012, International Container Terminal Services acquire 35 percent of the PICT. As of 2012, it has a maximum handling capacity of 750,000 TEUs.
In June 2023, PICT successfully completed its twenty-one year concession agreement with the Karachi Port Trust (KPT) and the terminal was transferred to KPT accordingly. The same month, UAE based AD Ports Group leased the terminal for 50-years and renamed it Karachi Gateway Terminal Ltd.
References
External links
Official website
Kata Kunci Pencarian:
- Bandar Udara Internasional Kuala Lumpur
- Globalisasi
- C-802
- Manila
- Kota Kinabalu
- Kota Liverpool
- Nepenthes mirabilis
- Pakistan International Container Terminal
- Port of Karachi
- Pict (disambiguation)
- List of container ports
- DP World
- Transport in Pakistan
- Pakistan Railways
- List of ports in Pakistan
- Port of Chittagong
- Rail transport in Afghanistan
