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Global Shipping & Trade
Asia

Pakistan government approves new Gwadar shipyard project

by Kalpana Pandey
March 22, 2025
in Asia, News, Ports & Terminals, Shipping
Reading Time: 1 min read
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Under the directives of Prime Minister Shehbaz Sharif, the government has approved the “New Gwadar Shipyard Mega Project” and activated the Project Management Cell (PMC). 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. The ‘New Modern Shipyard’ in Gwadar will incentivize commercial shipbuilding and repair industry, create new jobs and spur economic growth, according to Gwadar Port Authority.

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

The project expected to be started this year, and employment opportunities will be provided to experts and workers from Balochistan on the project on priority. 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.

Tags: Gwadar portPakistanshipyard
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