PM Abbasi opens $1.4b KPT container terminal.

RealEstate Agent 13/05/2018

PM Abbasi opens $1.4b KPT container terminal #Karachi

KARACHI: Prime Minister Shahid Khaqan Abbasi formally inaugurated the most advanced Deep Water Container Terminal in the region at the Karachi Port Trust (KPT) on Friday.

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The high-tech terminal was built at a cost of $1.4 billion

“The Deep Water Container Terminal has made #Pakistan a major hub for regional countries,” he said, adding that the port would also connect Pakistan to the rest of the world.

The port had successfully handled four of world’s largest containerships during test operations on December 9, 2016.

It is capable of handling mother vessels having a loaded capacity of up to 18,000 20-foot containers, terminal officials reported earlier.

The port has a capacity of handling 3.1 million TEUs (Twenty Feet Equivalent Unit) per annum, higher than the previous capacity of all container terminals in the country of 2.5 million TEUs.

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