Published On: Tue, Oct 23rd, 2018

Clogged #Port Spurs #Pakistan to Plan $200 Million Grain #Terminal – The proposed terminal at #Karachi’s main city port is expected to have a cargo handling capacity of as much as 1,600 metric tons per hour.

Pakistan plans to invest about $200 million to build a second grain terminal as the nation’s only dedicated facility struggles to meet demand for shipping oil seeds, cereals and fertilizer.

The state-run Pakistan National Shipping Corp. will build the terminal in Karachi, Rashid Siddiqi, an executive director at the company, said in an interview at the company’s port-side headquarters. PNSC also plans to build oil storage facilities at local ports, he said. Siddiqi said the grain terminal project has been presented to port and federal government ministries for approval.

Read more: Clogged Port Spurs Pakistan to Plan $200 Million Grain Terminal – Bloomberg

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