AGL 38.89 Increased By ▲ 0.87 (2.29%)
AIRLINK 206.39 Increased By ▲ 9.03 (4.58%)
BOP 9.51 Decreased By ▼ -0.03 (-0.31%)
CNERGY 6.01 Increased By ▲ 0.10 (1.69%)
DCL 8.91 Increased By ▲ 0.09 (1.02%)
DFML 37.60 Increased By ▲ 1.86 (5.2%)
DGKC 96.90 Increased By ▲ 0.04 (0.04%)
FCCL 35.30 Increased By ▲ 0.05 (0.14%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.48 Increased By ▲ 0.31 (2.35%)
HUBC 127.94 Increased By ▲ 0.39 (0.31%)
HUMNL 13.70 Increased By ▲ 0.20 (1.48%)
KEL 5.40 Increased By ▲ 0.08 (1.5%)
KOSM 7.14 Increased By ▲ 0.14 (2%)
MLCF 44.00 Decreased By ▼ -0.70 (-1.57%)
NBP 60.25 Decreased By ▼ -1.17 (-1.9%)
OGDC 215.99 Increased By ▲ 1.32 (0.61%)
PAEL 40.52 Increased By ▲ 1.73 (4.46%)
PIBTL 8.37 Increased By ▲ 0.12 (1.45%)
PPL 194.50 Increased By ▲ 1.42 (0.74%)
PRL 39.27 Increased By ▲ 0.61 (1.58%)
PTC 26.68 Increased By ▲ 0.88 (3.41%)
SEARL 106.50 Increased By ▲ 2.90 (2.8%)
TELE 8.61 Increased By ▲ 0.31 (3.73%)
TOMCL 36.10 Increased By ▲ 1.10 (3.14%)
TPLP 13.80 Increased By ▲ 0.50 (3.76%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 32.95 Decreased By ▼ -0.02 (-0.06%)
WTL 1.67 Increased By ▲ 0.07 (4.38%)
BR100 11,922 Increased By 195.1 (1.66%)
BR30 36,781 Increased By 404.5 (1.11%)
KSE100 111,730 Increased By 2217.2 (2.02%)
KSE30 35,224 Increased By 710.3 (2.06%)

The government of Balochistan has yet to receive apportionment of 10 percent of the Gwadar Port Authority (GPA)'s revenue agreed under the Aghaz-e-Haqooq-e-Balochistan package. GPA's only source of revenue is its revenue share on account of operation of the Port by Port Singapore Authority (PSA).
GPA has recommended apportionment of 10 percent of the said revenue to the government of Balochistan for the development of the province, informed sources revealed to Business Recorder. However no amount has been released under the agreed commitment.
Sources further revealed that the federal cabinet approved the GPA bill in a special cabinet meeting held on board a Pakistan Navy ship anchored at the Gwadar Port presided over by Prime Minister Yousuf Raza Gilani. The main objective of the meeting at the Port was to discuss issues concerning Balochistan, particularly the implementation of the Aghaz-e-Huqooq-i-Balochistan package. According to the GPA bill, the Authority's board will comprise 15 members, including seven from Balochistan, with chief minister of the province as its chairman. However approval of the GPA bill from the Parliament is still awaited, sources stated. Aghaz-e-Huqooq-e-Balochistan package envisages Gwadar Port providing the maximum benefit to the people of Balochistan, however the package with respect to Gwadar has yet to be implemented, sources added.
However, it has been made a part of GPA Bill, 2010 (section 37), that appointment in BS-1 to 16 in Gwadar would be from local population. The bill has been approved by the Cabinet and has been submitted to the Parliament for approval. 87 employees working on contract in GPA have been regularised. Out of 150 employees in BS-1-16 in GPA, 142 belong to Balochistan.
It is further mentioned in the status report on the proposals for implementation of Aghaz-e-Haqooq-e-Balochistan (contained in documents of the Ports and Shipping Ministry) that local contractors are being given preference in Port contracts, as decided. Some of the projects are: i)construction of solar panel electric poles costing Rs 8.5 million, ii) janitorial Services, iii) levelling of right of way of East Bay Expressway, iv) fencing of boundary wall, and v)induction of local ship agents, transport and stevedoring agents in the Port.

Copyright Business Recorder, 2011

Comments

Comments are closed.