Categorized | News & Updates

Govt. committed to development of shipbuilding industry: Gilani

Posted on 30 September 2008

ISLAMABAD, Sep 30 (APP): Prime Minister Syed Yousuf Raza Gilani while expressing government’s resolve for the development of shipbuilding industry in Pakistan said that the setting up of two shipyards in Karachi and Gwadar would go a long way in catering to domestic as well as international needs. The Prime Minister observed this while chairing a meeting to review the progress on the development of shipbuilding industry in the country here at the Prime Minister House Tuesday afternoon.

The Prime Minister constituted a committee under the chairmanship of Minister for Ports and Shipping Qamar Zaman Kaira to finalise the sites for building shipyards at Karachi and Gwadar.

The committee will submit its report before the policy board within two weeks for final approval.

Other members of the committee include Secretary Ports and Shipping, Secretary Defence Production, MD Karachi Shipyards, Chairman Port Qasim Authority and Chairman Gwadar Port Authority.

The Prime Minister emphasized upon the need to make Pakistan a leading shipbuilding country of the region, thus contributing towards economic development and poverty alleviation.

While highlighting Pakistan’s unique geo-strategic location and trained manpower, the Prime Minister said that this advantage needs to be leveraged to enter into shipbuilding industry in a big way through joint ventures with reputable international shipyards.

He said shipyards not only generate employment opportunities but also develop wide range of ancillary industries.

Earlier, MD Karachi Shipyards briefed the Prime Minister about the progress made on the development of shipbuilding. He also apprised the Prime Minister that two world class shipyards on joint venture basis are proposed to be built at Gwadar and Port Qasim. These projects, he informed, will attract major investment from foreign sources.

The meeting was attended by Minister for Ports and Shipping Qamar Zaman Kaira, Chief of Naval Staff Admiral M. Afzal Tahir, Secretary Defence Production, Secretary Ports and Shipping, Secretary Planning, Secretary BOI and Managing Director Karachi Shipyard.

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