AIRLINK 79.41 Increased By ▲ 1.02 (1.3%)
BOP 5.33 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.38 Increased By ▲ 0.05 (1.15%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 76.87 Decreased By ▼ -1.64 (-2.09%)
FCCL 20.53 Decreased By ▼ -0.05 (-0.24%)
FFBL 31.40 Decreased By ▼ -0.90 (-2.79%)
FFL 9.85 Decreased By ▼ -0.37 (-3.62%)
GGL 10.25 Decreased By ▼ -0.04 (-0.39%)
HBL 117.93 Decreased By ▼ -0.57 (-0.48%)
HUBC 134.10 Decreased By ▼ -1.00 (-0.74%)
HUMNL 7.00 Increased By ▲ 0.13 (1.89%)
KEL 4.67 Increased By ▲ 0.50 (11.99%)
KOSM 4.74 Increased By ▲ 0.01 (0.21%)
MLCF 37.44 Decreased By ▼ -1.23 (-3.18%)
OGDC 136.70 Increased By ▲ 1.85 (1.37%)
PAEL 23.15 Decreased By ▼ -0.25 (-1.07%)
PIAA 26.55 Decreased By ▼ -0.09 (-0.34%)
PIBTL 7.00 Decreased By ▼ -0.02 (-0.28%)
PPL 113.75 Increased By ▲ 0.30 (0.26%)
PRL 27.52 Decreased By ▼ -0.21 (-0.76%)
PTC 14.75 Increased By ▲ 0.15 (1.03%)
SEARL 57.20 Increased By ▲ 0.70 (1.24%)
SNGP 67.50 Increased By ▲ 1.20 (1.81%)
SSGC 11.09 Increased By ▲ 0.15 (1.37%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.56 Decreased By ▼ -0.11 (-0.94%)
TRG 72.10 Increased By ▲ 0.67 (0.94%)
UNITY 24.82 Increased By ▲ 0.31 (1.26%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
BR100 7,526 Increased By 32.9 (0.44%)
BR30 24,650 Increased By 91.4 (0.37%)
KSE100 71,971 Decreased By -80.5 (-0.11%)
KSE30 23,749 Decreased By -58.8 (-0.25%)

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.