Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Alibaba releases next-generation Qwen3 model as AI rivalry intensifies

September 12, 2025

Hong Kong stocks surge to stay on track for best week in 6 months on US rate cut bets

September 12, 2025

Hong Kong stocks surge to stay on track for best week in 6 months on US rate cut bets

September 12, 2025
Facebook X (Twitter) Instagram
Friday, September 12
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Cement and clinker exporters: PQA asked to enhance storage capacity – Business & Finance
Economist Intelligence

Cement and clinker exporters: PQA asked to enhance storage capacity – Business & Finance

adminBy adminSeptember 12, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 5


ISLAMABAD: The government has directed the Port Qasim Authority (PQA) to enhance storage capacity and provide other facilities to cement and clinker exporters who are facing problems in exporting their products through Karachi Port.

A high-level meeting was held here on Tuesday with Haroon Akhtar Khan, Special Assistant to the Prime Minister (SAPM), in the chair. The meeting discussed and reviewed the progress made by the task force constituted by the Prime Minister to enhance cement and clinker exports. The meeting was briefed by the Chairman of Port Qasim Authority and officials of the Karachi Port Trust (KPT).

The participants of the meeting recommended that the Ministry of Foreign Affairs should take up the above-mentioned issues through diplomatic channels. The task force has unanimously approved the following recommendations for the consideration of the Prime Minister of Pakistan: (i) the development and construction of two additional multi-purpose berths at Port Qasim be expedited on an emergency basis to increase the port’s export capacity. (ii) Building of additional storage capacity of 30,000 tons to facilitate exports. (iii) Permanent repairing to the existing storage facility at Port Qasimis to be completed within five months. (iv) Royalty at 2.38 per ton for cement and clinker exports from PIBTL be waived through stakeholders’ engagement. (v) KPT to review tariff charges on export shipments to be competitive with PQA and with regional ports. (vi) SBP to coordinate a meeting with Pakistani Banks operating in Bangladesh regarding LC facilitations and share the minutes with the task force. (vii) KGTML may not increase handling charges for cement and clinker export, subject to the provision of the volume of business assurance from the cement industry.

The Chairman of Port Qasim Authority informed that a proposal has already been submitted to the PQA Board for approval of 30,000 metric tons of additional storage capacity. He also assured that the repair of existing storage facilities will be completed by December 2025. The Chairman of KPT apprised that berths numbered 10 to 17 will be completed by April 2026.

The meeting was attended by Prime Minister’s Coordinator Rana Ehsan Afzal, Arif Habib, representatives of Port Qasim Authority, Karachi Port Trust (KPT), State Bank of Pakistan, Board of Investment, Gwadar Port Authority, and senior government officials.

Earlier, Arif Habib raised concerns over the matters related to high taxation, port inefficiencies, inadequate logistics, and the impact of anti-dumping duties. Responding to the concern, the officials of the State Bank of Pakistan (SBP) clarified that no prior approval was needed for CNF transactions, while Board of Investment (BoI) and Ministry of Industries stakeholders were directed to devise a proposal for dedicated export processing zones. Trade restrictions, especially the cement export ban to India and non-tariff barriers from Sri-Lanka, were also identified as serious problems in enhancing the exports.

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Exports to Bangladesh can be enhanced to USD3bn: FPCCI – Business & Finance

September 12, 2025
Economist Intelligence

Eighth CIIE to be held at Shanghai in November – Business & Finance

September 12, 2025
Economist Intelligence

ECB holds rates unchanged, still ‘in a good place’ – Business & Finance

September 12, 2025
Economist Intelligence

JW Group partners with China’s Jinpeng to help drive electric mobility in Pakistan – Business & Finance

September 11, 2025
Economist Intelligence

IPO of Winklevoss-founded crypto exchange Gemini over 20 times oversubscribed, sources say – World

September 11, 2025
Economist Intelligence

Car sales in Pakistan jump 62% YoY to 14,050 units in August 2025 – Markets

September 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Exports to Bangladesh can be enhanced to USD3bn: FPCCI – Business & Finance

September 12, 2025

Eighth CIIE to be held at Shanghai in November – Business & Finance

September 12, 2025

ECB holds rates unchanged, still ‘in a good place’ – Business & Finance

September 12, 2025

Cement and clinker exporters: PQA asked to enhance storage capacity – Business & Finance

September 12, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Alibaba releases next-generation Qwen3 model as AI rivalry intensifies
  • Hong Kong stocks surge to stay on track for best week in 6 months on US rate cut bets
  • Hong Kong stocks surge to stay on track for best week in 6 months on US rate cut bets
  • Evergrande eyes sale of stake in US$1.3 billion property services unit
  • Evergrande eyes sale of stake in US$1.3 billion property services unit

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Alibaba releases next-generation Qwen3 model as AI rivalry intensifies

September 12, 2025

Hong Kong stocks surge to stay on track for best week in 6 months on US rate cut bets

September 12, 2025

Hong Kong stocks surge to stay on track for best week in 6 months on US rate cut bets

September 12, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.