BEIJING, ( 20th Nov, 2018 ) :The Gwadar deep-sea port development will get further momentum as work on its expansion plan is set to start from January next, Director General, Planning and Development, Gwadar Port Authority, Munir Ahmed Jan said on Tuesday.
"Under the expansion plan, five new berths will be added to existing three berths to handle bigger ships," he said this while talking to APP.
Munir Jan, recently visited the Chinese capital to attend the CPEC Media Forum said the first phase of the port, an important component of China-Pakistan Economic Corridor (CPEC) has already been completed.
"Now, we have entered the second phase, which will ensure 16 meters depth to facilitate bigger ships," he added.
The DG, Gwadar Port Authority said that the existing port has three 14 meters deep berths to handle ships and added, it is still deepest port in Pakistan.
In future, the depth of the port will be increased to 20 meters making the port deepest in the region.
To a question, he said the government has leased out the development and expansion of port to China for 40 years, adding, the Chinese government will develop the port as well as the free economic zone, adding, the pilot phase of the free economic zone has already been completed.
Munir Jan said that US $48 million were invested in the initial stage of the project by five Chinese and three Pakistani companies.
He said the main coverage area of the free economic zone will be 923 acres and work on it is likely to start in the next phase.
About Eastern Bay Express, he said the work was started from October this year and it will be completed in 30 months. It will be an express access way linking the Gwadar Port to the Coastal Highway, he added.