Karachi New Port Container Terminals (KNPCT), the newly established joint-venture company, will build and manage the new facility over a concession period of 25 years, extendible for another 25 years. Expected to be operational in 2011, KNPCT will comprise four berths with alongside depths up to 18 m on a total quay length of 1,500 m and a yard area of 85 ha.
According to John Meredith, managing director of HPH Group, “Through the development of Karachi New Port Container Terminals, HPH will strengthen its services to global carriers and shippers with the capability of handling the largest container ships afloat, while ensuring the Port’s premier status within Pakistan.”
Vice Admiral Ahmad Hayat, chairman of Karachi Port Trust added, “The development of Pakistan Deep Water Container Port is a significant event in the region, being the deepest port catering for the next generation of container ships. We are glad that HPH is partnering with us in this mega-project and have full confidence that HPH, being a major terminal operator in the world, would ensure its success.”
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