Port Qasim Authority has invited bids for the development of a liquid cargo terminal on a build-own-operate (BOT) basis. The successful bidder will design, finance, construct, manage and maintain the terminal, according to design specifications already completed by the local National Engineering Services Pakistan. Bidders have been requested to submit a quote for a fixed royalty fee payable to the port authority.
The terminal is expected to have a handling capacity of 3 million tonnes a year of liquid cargo. The liquid cargo will include edible oil, palm oil and molasses. The terminal will initially serve three palm oil refineries being developed by the government, local companies, and Malaysian and Indonesian investors. Bids are due to be submitted by mid-December (see Tenders).