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Qasim International Container Terminal (QICT) is Pakistan's first Dedicated and Most Modern International Container Terminal built at Port Muhammad Bin Qasim on a Build/Own/Operate (B.O.O.) basis.
QICT was a consortium whose members included P&O Ports, Mackinnons Pakistan, P&O Containers Pakistan Limited, the Commonwealth Development Corporation of UK, and the Pakistan-Kuwait Investment Company. The total equity of this consoritum was Rs.455 million. Subsequently P&O Ports demonstrating their commitment to the project, bought out CDC and Pak-Kuwait.
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The equity of the Company was later enhanced to Rs.1.1 billion, which was fully subscribed by P&O Ports. Presently P&O Ports has the major share holding and other share holders include ITHL and APM Terminals.
Location Of Terminal
QICT is situated at berths 5,6 and 7 at Port Muhammad Bin Qasim. The total area of the terminal is 240,000 sq. meters surrounded by fast developing industrial estates which include:
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- Export Processing Zone,
- Korangi Industrial Area,
- ICI
- Pakistan Steel Mills,
- Toyota,Suzuki,Nissan and Honda Motors,
- Engro Vopak Terminal LTD
- FOTCO Oil Terminal
The location of the Terminal outside city boundaries negates the requirement for containers to be transported through the city for upcountry destinations as well as ensures that industries located within and a short distance from the Port area have the added advantage of savings on transportation and other costs in exporting/importing their raw materials.
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