Fauji Akbar Portia (FAP) Marine Terminals Limited, Pakistan’s first dry cargo terminal, completed at a cost of USD 135 million was inaugurated by the Prime Minister of Pakistan, on October 26, 2010.
FAP, a Public Limited Company incorporated in Pakistan, is a joint venture between Fauji Foundation (FF) and Akbar Group with National Bank of Pakistan also holding equity in the company.
FAP has a thirty-year concession agreement with Port Qasim under which it has the right to build, own and operate a state-of-the-art and automated grain and fertilizer terminal. Financial close was achieved in July 2008 with construction commencing on a 9 hectare area which was under water and required reclamation in September 2008. The project was completed in a record time of twenty-four months with first vessel to berth in December 2010.
The FAP facility at Port Bin Qasim, is a fully automated Grain and Fertilizer Terminal capable of handling 4 million metric tons of dry cargo per annum, with fully automated Mechanical and Pneumatic unloaders, conveying systems, Steel Silos and Flat Warehouses with a capacity to store 160,000 metric tons of grains, oilseeds, cereals and fertilizers.
FAP also has 15 acres back up area which can be developed for an additional 500,000 metric tons of storage. FAP is an approved contractor of United Nations World Food Programme and also has exclusive rights for handling of dry non-containerized cargoes at Port Qasim.
Salient Features of the Terminal
Operation Multi-purpose import and export Terminal
Storage Capacity Over 160,000 tons including 80,000 tons in steel silos
Handling speeds Pneumatic and Mechanical Unloaders (1,600 tph)
Loading equipment of over 700 tph including automated conveyors
Ancillary fixed and mobile bagging facility capable of dispatching at a rate of 1,000 tph
Draft 14 meters but currently restricted to 13.00 m (DWCC) due to PQA
Backup storage 15 acres - Acquired additional land in PQA backup area with a capacity of up to 500,000 tons