AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,943 Increased By 105.5 (1.35%)
BR30 25,639 Increased By 187.1 (0.73%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)

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.