PQA meaning in Business ?

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What is Port Qasim Authority mean?

The Port Muhammad Bin Qasim (Urdu: محمد بن قاسم بندرگاہ‎ Bandar-gāh Muhammad bin Qāsim), or Qasim Port Authority (Urdu: مقتدرہ قاسم بندرگاہ‎, also known as Port Qasim, is a deep-water seaport in Karachi, Sindh, Pakistan, on the coastline of the Arabian Sea under the administrative control of the Secretary to the Government of Pakistan for Maritime Affairs. It is Pakistan's second busiest port, handling about 35% of the nation's cargo (17 million tons per annum). Port Qasim and Karachi Port, the busiest port of country, together handle more than 90% of all external trade of Pakistan.

The port encompasses a total area of 12,000 acres (49 km2) wherein many industrial zones operate. In addition to the Pakistan Steel Mills (PSM) and KESC Bin Qasim Power Plant, around 80% of the Pakistan's automotive industry is located at Port Qasim. The port also provides direct waterfront access to two major nearby industrial areas, Export Processing Zone (Landhi) and Korangi Industrial Area. Approximately 60% of country's export and import is originated from these areas. Port Qasim is managed by Port Qasim Authority, a semi-autonomous government body.

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Posted on 24 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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