AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,399 Increased By 104.2 (1.43%)
BR30 24,136 Increased By 282 (1.18%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)
Business & Finance

Senators irked over confidentiality of Gwadar port contract

  • The Senate Standing Committee on Finance under the Chairmanship of Senator Farooq Hamid Naek has sought list of contractors and sub-contractors working at Gwadar Port from the Ministry of Maritime Affairs.
Published June 19, 2020

Senators expressed displeasure after a federal secretary refused to share copies of contracts pertaining to Gwadar Port, as the official termed the reports confidential.

The Senate Standing Committee on Finance under the Chairmanship of Senator Farooq Hamid Naek has sought a list of contractors and sub-contractors working at Gwadar Port from the Ministry of Maritime Affairs for discussion during an in-camera meeting of the committee.

To the query, federal Secretary of Maritime Affairs Rizwan Ahmed said that the documents could not be shared with the Senate committee chairman after the secretary stated that under the agreement the contents of the agreement will be kept confidential.

Naek stated, "Entire finance committee strongly supports development of Gwadar Port and Balochistan as it is a gateway to Central Asian countries and would unleash development with the help of China-Pakistan Economic Corridor project."

The chairman said that the committee had decided to defer the agenda item of Gwadar Port till next Tuesday to enable the Ministry of Maritime Affairs to provide copies of the ordinances, and both the contracts, of 2006 and 2013, and details of all the subcontractors by Friday (today) to the committee members.

The secretary informed the committee that the copies of the contracts had never been shared with the legislature in the past.

Comments

Comments are closed.