Pakistan finalises details for construction of Gwadar shipyard

WCN Editorial Team 8 Feb 2021 ASIA TRANSPORT INFRASTRUCTURE

The Government of Pakistan has finalised details for the construction of a shipyard at Gwadar in Balochistan province, as part of its plans to boost commercial shipbuilding and repair industry.

An MoU has been signed between the federal and provincial governments for the joint collaboration and establishment of the shipyard.

Federal Minister for Defence Production Zobaida Jalal said that the project is expected to boost economic growth, not just in Baloshistan, but whole of Pakistan and will lead to creation of new employment opportunities for locals.

Besides building and repairing ships, the new project will also offer training facilities.

The project will complete in about two to three years. Construction is expected to begin following completion of feasibility study.

Pakistan expects the new project to play an important role in bolstering its national security besides economic security.

Maritime analyst Commodore (R) and National Maritime Policy Research Centre founder head Muhammad Obaidullah told Gulf News, “The shipbuilding industry is important for a country’s economy, prosperity and social development as it’s a job multiplier and a key industry that is closely linked with several other industries.”

According to Obaidullah, China, Japan and South Korea currently have great presence in the global shipbuilding industry.

Currently, the shipbuilding, repair and maintenance work is undertaken at the Karachi Shipyard & Engineering Works (KSEW), an entity owned by the Pakistan government.

Gwadar shipyard with “improved capacity and state-of-the-art facilities will fulfil the modern shipbuilding and repairing requirements of Pakistan and also address the emerging demands of the regional countries,” says Obaidullah.

Gwadar is a deep seaport and situated close to the Strait of Hormuz. Once operational, it is expected to become a maritime hub in the region.

This port also sits at the heart of China Pakistan Economic Corridor (CPEC), a project to link South Asia, Middle East and Central Asia.

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Pakistan has finalised the details for the construction of a new shipyard in Gwadar. (Credit: A. Krebs from Pixabay)

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