BR100 Increased By (1.24%)
BR30 Increased By (1.52%)
KSE100 Increased By (0.97%)
KSE30 Increased By (0.99%)
BECO 5.75 Increased By ▲ 0.16 (2.86%)
BML 62.05 Increased By ▲ 1.02 (1.67%)
BOP 33.70 Increased By ▲ 0.45 (1.35%)
CNERGY 8.13 Increased By ▲ 0.08 (0.99%)
DCL 11.52 Increased By ▲ 0.22 (1.95%)
FCCL 53.67 Increased By ▲ 0.74 (1.4%)
FCSC 5.53 Increased By ▲ 0.19 (3.56%)
FFL 17.83 Increased By ▲ 0.22 (1.25%)
FNEL 1.31 No Change ▼ 0.00 (0%)
HUMNL 11.24 Increased By ▲ 0.12 (1.08%)
KEL 8.02 Increased By ▲ 0.13 (1.65%)
KOSM 5.46 Increased By ▲ 0.13 (2.44%)
MLCF 86.55 Increased By ▲ 1.20 (1.41%)
NBP 184.99 Increased By ▲ 3.70 (2.04%)
PACE 12.23 Increased By ▲ 0.70 (6.07%)
PAEL 40.40 Increased By ▲ 0.99 (2.51%)
PIAHCLA 25.85 Increased By ▲ 0.22 (0.86%)
PIBTL 17.30 Increased By ▲ 0.15 (0.87%)
PPL 227.75 Increased By ▲ 2.93 (1.3%)
PRL 34.45 Increased By ▲ 0.27 (0.79%)
PTC 65.75 Increased By ▲ 0.67 (1.03%)
SEARL 90.60 Increased By ▲ 1.00 (1.12%)
SSGC 26.66 Increased By ▲ 0.35 (1.33%)
TELE 8.51 Increased By ▲ 0.13 (1.55%)
THCCL 71.40 Increased By ▲ 2.06 (2.97%)
TPLP 11.29 Increased By ▲ 1.01 (9.82%)
TREET 24.40 Increased By ▲ 0.20 (0.83%)
TRG 70.66 Increased By ▲ 1.12 (1.61%)
WAVES 11.58 Increased By ▲ 0.55 (4.99%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)

GWADAR: State Minister for Ports and Shipping Chaudhry Jaffer Iqbal on Monday said a new berth would be constructed at Gwadar port within one year, providing a larger anchoring space to accommodate three additional big ships.

The 900-metre-long berth will offer a vertical front from the Gwadar coastline into Arabian Sea to facilitate the loading and unloading of cargo from the vessels, the State Minister told APP here.

Jaffer said Gwadar port was functional and the process of transhipping and re-stuffing of vessels was already being carried out.

He said work on construction of a 15-kilometre-long road from Zero Point in Gwadar to Coastal Highway was underway, along with laying of railway track side by side.

He said a 12-kilometre-long air strip at the new Gwadar International Airport would be completed in one year, allowing landing of larger aircraft including A-380.

The State Minister said a coal-fired plant would also be set up within a year period which would provide electricity to industrial zone.

Chairman Gwadar Port Authority Dostain Khan Jamaldini told APP that development in Gwadar was in accordance with the vision of establishing a ‘Smart Port City'.

He said Gwadar Expo 2018 was a step towards the port city's commercialization and industrialization.

He expressed satisfaction over the immense response by Chinese and Pakistani companies, adding that 126 stalls by 86 leading companies had been set up at the Expo.

He said since Iran's Chabahar port and Gwadar had been declared as sister ports, an Iranian delegation had also arrived in to attend the mega event along with representatives from several other countries.

He said Gwadar Port Authority was handling the terminal operations and the Free Zone along with China Overseas Ports Holding Company (COPHC), which was outsourced for services under a revenue sharing formula at government to government level.

Copyright APP (Associated Press of Pakistan), 2018

Comments

Comments are closed for this article.