All development projects at the port are being undertaken in private sector on BOT basis without costing a penny to PQA. Foreign Direct Investment (FDI) to the tune of US$ 1.22 billion is expected over a period of five years through development projects at the port.
Implementation Agreement was signed on 17th August 2006 with QICT for establishment of 2nd container terminal on BOT basis, having capacity of 14 million tonnes per annuam at a estimated cost of US $ 211 millions. The terminal is designed to accomodate 6,000 TEUs container vessels. The commercial operation of the project has been started in January, 2011.
A specialized Grain & Fertilizer Terminal developed by M/s Fauji Akbar Portia at a cost of US$ 135 million with handling capacity of over 4 million tonnes per annum has been formally inaugurated by Prime Minister of Pakistan on 26th October 2010. This terminal was created by reclaiming 22 acres of water and has a 300 meter long jetty.
The terminal with design capacity of 4 million tonnes per annum has been developed in private sector on BOT basis at a cost of US$ 15 million to cater for edible oil imports. LCT has been formally inaugurated on 14th August 2009.
To meet the energy demands, an LNG Floating Terminal is being developed by M/s GasPort at a cost of US$ 160 million with handling capacity of 3 million tonnes per annum. The terminal is expected to be completed by end 2010. Design work is currently in progress.
A dedicated Coal, Clinker & Cement Terminal is being undertaken at a cost of US$ 180 million with handling capacity of 8 million tonnes per annum with a storage capacity of 0.9 million tons. An Implementation Agreement has been signed on November 6, 2010 with PIBT (Pakistan International Bulk Terminal). The Terminal would be country's first dedicated dirty bulk cargo handling facility and is expected to become operational within next three years.
An LNG Terminal is planned to be developed by Granada group of Companies at a cost of US$ 274 million with handling capacity of 3.5 million tonnes per annum. The Terminal is expected to be completed by 2012. Technical & Financial proposals are currently being evaluated.
To handle increased volume of POL imports, a second Oil Terminal is planned to be developed at a cost of US$ 51.4 million with handling capacity of 9 million tonnes per annum. The Terminal is expected to be completed by 2012. Technical & Financial proposals are currently being evaluated.
To handle increased volume of Pakistan Steel Mills and to accommodate Al-Twarqui Steel Mills imports, a second Iron Ore & Coal berth is planned to be developed at a cost of US$ 150 million with handling capacity of 8 million tonnes per annum. Outsourcing of the terminal is under active consideration. The development of the Terminal will be linked with Pastel Expansion program.
The project of Deepening & Widening of navigation Channel is crucial for PQA. PQA plans deepening of navigation channel for all weather 14 meter draught vessels at a cost of US$ 200 million on Design, Construct and Finance basis. The project has Government approval and is in the implementation process.
Besides capacity building projects, PQA is equally concerned for provision of infrastructure facilities in its industrial zones to gear up development of port based industrial and commercial activities, to facilitate the traffic flow PQA plans construction of 26 KM long Dual Carriageway from National Highway T-junction passing through PQA commercial areas (Western Industrial Zone and Eastern Industrial Zone), ending at Sassui Bridge Ghaghar Railway Crossing inclusion up-gradation of Main Access Road and construction of two flyover on BOT basis at the estimated cost of Rs. 6.00 billion.
PQA has also awarded contract for development of Infrastructure facilities i.e. Roads, Water Supply, Sewerage and Drainage in Eastern Industrial Zone to FWO and NLC at the cost of Rs. 8.88 billion and work in progress.
The terminal has been developed to cater for liquid chemical imports by Engro Chemical Pakistan in collaboration with Vopak of Netherlands, on BOT basis, at a cost US$ 76 million. Operational since January 1998, the terminal can accommodate 75000 DWT class vessels with designed capacity of 4 million tonnes per annum.
Port Qasim is unique in character by having 12200 acres of land above high water mark for development of industries / commercial complexes. Out of 12200 acres of land 8700.5 acres was available for allotment. Almost all land has been allotted to various entrepreneur and a reasonable number of them have set up projects in the Industrial Zone, attracting huge investment in local and foreign exchange estimated to the tune of around 3.0 billion USD. So far 140 various Industrial and commercial units are operational while 248 are in construction phase.
To enhance production and export of value added textile products, GOP plans setting up a “Textile City” on 1250 acres in the Eastern Industrial Zone of PQA. PQA has handed over possession of 1250 acres of land. 5% leveling/Grading work completed - Combined Effluent Treatment Plant-Consultant appointed. Road/water Work to be commenced in June 09. LOI for establishment of 250WM power Plant in June 09. Environment Impact Assessment approved. Booking of Plots shortly. This would not only facilitate vendors and suppliers of raw material and emergence of downstream and support industries but would also create immense employment opportunities as a result, during construction and operation phases besides earning valuable foreign exchange for the country.