Gwadar port to be functional soon
PM Shaukat Aziz said the Gwadar Deep Seaport in Balochistan will be functional by the middle of this year.india Updated: Feb 27, 2006 15:10 IST
The Gwadar Deep Seaport in Pakistan's Balochistan province will be functional by the middle of this year after completion of additional dredging of the channel to 14.5 meters, making it the deepest port of Pakistan and trans-shipment port for the region.
This was conveyed to Prime Minister Shaukat Aziz in a meeting of Gwadar Port Policy Board chaired by him on Sunday.
The dredging of Gwadar Port channel to 14.5 meters, which has been undertaken by a Chinese Company, will make it a regional hub, as it will enable the port to receive the mother vessels.
The cargo dropped by the mother vessels will be taken to Karachi and other regional ports by the feeder vessels or trucks.
The Prime Minister said at the meeting that the completion of Gwadar Port would generate substantial economic opportunities for Balochistan and usher in a new era of development and prosperity for the people of this area.
Aziz said it would also contribute to the mineral development of Balochistan and the province will use the port to fully utilise its mineral development potential.
The Prime Minister reviewed the overall progress of Gwadar Port and took important decisions and approved a proposal by the Board to start negotiations with Dubai Port World (DP World) for appointment as port operators for Gwadar Port.
DP World is an international and experienced management team, which is maintaining 17 terminals in different countries since 1972.
He also reviewed the future planning of Gwadar Port, Master Plan for Gwadar Port and its related infrastructure, East Bay Express Way and Gwadar Port Civic Centre.