The Gwadar deep-sea port development will further speed up as its expansion plan is ready to initiate from January 2019, according to the statement of director general, Planning and Development, Gwadar Port Authority, Munir Ahmed Jan.
He informed that the expansion plan includes five new berths, which will be further added to the existing three berths for managing gigantic ships.
Recently, Munir also visited the Chinese capital to attend the CPEC Media Forum, and stated that the first stage of the port, which contributes as a vital constituent of the China-Pakistan Economic Corridor has already been completed.
He added, ” Now, we have come into the second phase, which will guarantee 16 meters depth, in order to assist in the movements of huge ships without any issues. Currently, the port has three 14-meter deep berths to facilitate ships and is the deepest port in Pakistan. In future, it is planned that the depth of the port would be augmented to 20 meters, making it the deepest port in the whole region.”
The data revealed that $48 million were invested by five Chinese and three Pakistani companies in the starting of the first phase of the project.
Source Link : Ary Digital