Pakistan plans Port Qasim expansion to support rising cement, clinker exports

This picture taken on March 8, 2023, shows a cargo ship set to sail from a sea port in Karachi, Pakistan. (Radio Pakistan/File)
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Updated 23 September 2025
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Pakistan plans Port Qasim expansion to support rising cement, clinker exports

  • The government plans two new berths, a 30,000-ton storage facility and repairs to existing infrastructure
  • Cement and clinker exports rose 23.7 percent in FY25 as overseas demand outpaced weaker domestic consumption

KARACHI: Pakistan plans to significantly upgrade Port Qasim to expand cement and clinker exports, the maritime affairs ministry said on Tuesday, outlining projects that include new berths, additional storage and improved export operations.

According to the Pakistan Bureau of Statistics, cement and clinker exports rose 23.7 percent in value and 28.7 percent in volume year-on-year, with earnings climbing to $329.79 million in FY25 compared to $266.51 million a year earlier.

Key export destinations included Afghanistan, Bangladesh, Sri Lanka, Madagascar, the United States and Ghana.

“Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced a series of major initiatives aimed at boosting cement and clinker exports by enhancing port infrastructure and operational capacity, with a particular focus on Port Qasim,” the ministry said.

Chaudhry said a sub-committee of all major ports, led by the Port Qasim Authority, had finalized recommendations to accelerate export capacity.

Planned measures include construction of two additional multi-purpose berths, a new 30,000-ton storage facility expected to start by end-2025 and permanent repairs to existing storage infrastructure targeted for completion by December.

The Port Qasim Authority will also work with the All Pakistan Cement Manufacturers Association to explore use of an under-utilized berth for clinker exports.

With export growth outpacing domestic demand, which weakened in recent years, Port Qasim has come under strain from limited berthing capacity, inadequate storage and logistical bottlenecks.

The government says the expansion drive is aimed at easing those pressures and strengthening Pakistan’s competitiveness in global trade.


Pakistan cuts key rate by 50 bps to 10.5% in surprise move after holding for four meetings

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Pakistan cuts key rate by 50 bps to 10.5% in surprise move after holding for four meetings

  • An IMF staff report last week warned against premature easing, with analysts expecting SBP to hold the policy rate
  • Inflation remains within the bank’s target band, but analysts expect price pressures to rise later in the fiscal year

KARACHI: Pakistan’s central bank cut its key interest rate by 50 basis points to 10.5 percent on Monday, the bank said on its website, breaking a hold on the rate for four meetings in a move that surprised analysts and came despite IMF warnings to avoid premature easing.

All 12 analysts in a Reuters poll had expected the State Bank of Pakistan (SBP) to hold the policy rate at 11 percent.

Monday’s reduction takes the total easing since rates peaked at 22 percent to 1,150 basis points, after the SBP delivered 1,100 bps of cuts between June 2024 and May 2025 and then held the rate steady for four meetings before Monday’s move.

Inflation edged down to 6.1 percent in November from 6.2 percent in October, within the SBP’s 5 percent–7 percent target band, with analysts expecting it to rise again later in FY26 as base effects fade and food and transport prices stay volatile.

An IMF staff report last week warned against premature easing, calling for policy to remain data-dependent to anchor expectations and rebuild external buffers, even as Pakistan received a $1.2 billion disbursement under its loan program.