AFRICA

Port Qasim taking major private investment

17 years ago

Up to $1.22bn of foreign investment is expected to be made in the various development projects put forward by Port Qasim Authority covering the next five years.

Infrastructure development at the port is now almost wholly undertaken as build operate transfer contracts.

DP World, for example, is undertaking development of a $250m second container terminal capable of handling 1.1m teu, slated to become operational in 2011