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ISLAMABAD: The government has green-lighted “New Gwadar Shipyard Mega Project” with activation of Project Management Cell (PMC) in the light of Prime Minister Shehbaz Sharif’s instructions.

It aims at utilising all available resources for laying down fresh foundation of all-inclusive development of Gwadar Port under CPEC phase II.

Having allocated Rs 200 million for the formation of PMC, relevant appointments will be sought to run entire affairs as per prescribed SOPs.

Gwadar development hit by a snag

“The ‘New Modern Shipyard’ in Gwadar will incentivize commercial shipbuilding and repair industry, create new jobs and spur economic growth,” Gwadar Port Authority official said.

Since land disagreement issue is all set to be resolved, he said, relevant TORs tenders will be floated seeking international companies to participate.

GPA official said that GPA had demarcated 750 acres of land for the new shipyard project. “Apart from offering essential dry docking facilities to the cargo ships visiting Gwadar Port, the Gwadar Shipyard would also offer services for building new ships,” he added.

Recently, Chairman Standing Committee on Defence Production Senator Muhammad Abdul Qadir stated that the Gwadar Shipyard Mega Project is of utmost importance for Pakistan.

He said that this project should be started this year, and employment opportunities will be provided to experts and workers from Balochistan on the project on priority.

The Senator said that the Gwadar Shipyard Mega Project would be equipped with the latest technology, and this international standard project could give Pakistan a prominent place among the world-class shipyards.

Copyright Business Recorder, 2025

Comments

200 characters
humble citizen Mar 20, 2025 08:22am
name should be pakistan machnical & industrial company . shld be listed in PSX 10 % to public and bnks .5% profit to employes , homeopathy detox heavy metal, safety suit etc procure frm jp not cn
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Afzal Mar 20, 2025 11:07am
it is good initiative but better would be if we negotiate with warring ppl who have come under influence of foreign enemies of the state and doing terrorism
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Ashxan Mar 21, 2025 12:45am
Too much delayed ... I heard this project in 2015, then in 2019 and now again in 2025 but only green lights.. truth is our all govts are not serious in indigenous manufacturing and factories .
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