| GEO Business|
| KPT cement export terminal goes in operation|
| Updated at: 1315 PST, Monday, March 02, 2009|
KARACHI: Karachi Port Trust (KPT)’s cement export terminal constructed at the cost of $12 million went into operation here today.
Addressing the inaugural ceremony, Federal Minister for shipping and ports, Babar Khan Ghori said that Pakistan could now export more cement due to the construction of this terminal, as this terminal has the capacity of handling 10 to 12 thousand tons of cement per day.
Babar Ghori directed Ports and Shipping DG to work out a plan for the reduction in port charges.
Earlier, Lucky Cement CEO, Muhammad Ali Taba said that KPT should cut down its charges because in India and other countries port charges per ton amount to $1, while in Pakistan it comes to $4/5 and this was the reason cement exports facing set back.