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2007 June 5   04:40

Port Qasim sets new target of 2.5m tonnes

The Port Qasim Authority (PQA) has set a new record for cargo handling of 2.5 million tonnes during the month of May 2007.
A spokeswoman informed Daily Times on Monday that during current financial year 2006-07, a cargo volume of more than 26 million tonnes is expected to be handled at the PQA, an increase of some 13 percent over the corresponding period of previous year.
Similarly shipping also showed an increase of 11 percent during current financial year. A record container traffic of more than 0.6 million TEU’s registering an increase of 13 percent over corresponding period, has already been handled at QICT which accounts for major fraction of the containerised traffic of the country.
Engro Vopak Chemical Terminal caters for major chemicals imports if the country, as POL imports at FOTCO oil terminal are expected to surpass 8 million tonnes capacity mark during 2006-07.
She said financial year also symbolises PQA as export facilitator since exports at PQA showed major improvements over more than a decade. Dry port comprises wheat, rice and cement, which showed an increase of 81 percent during 2006-07 as compared to previous financial year.
Sustainable growth pattern has been observed at the port over the years as during the first 20 years, from 1983 to 2003, growth in cargo and ship handling has been at 10 percent respectively. However during the tenure of present government, from 2003 onwards to closure of financial year, 2006-07, growth in cargo and ship callings has been observed at 19 percent and 13 respectively per annum.

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