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BHarwana

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Land acquired for shipyard in Gwadar

KARACHI: Karachi Shipyard and Engineering Works (KSEW) has acquired land at Gwadar for the development of another shipyard, which has been approved by Prime Minister Imran Khan, KSEW Managing Director Rear Admiral Ather Saleem said.


Meeting with a delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), he said, “The decision has been taken in view of increased movement of ships and maritime activities at Gwadar Port in the backdrop of China-Pakistan Economic Corridor (CPEC).”

The shipyard land has been earmarked near Gwadar port at Surnallah, which would be developed under joint venture with reputed international shipyard consortium. Project office in this regard was being established, a statement said.


https://www.thenews.com.pk/print/434050-land-acquired-for-shipyard-in-gwadar
 
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For consistent and continuous updates of subject information in one thread, dear @Mods, could you make this thread sticky?
 
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