Home »Business and Economy » Pakistan » KSEW gets land for shipyard in Gwadar: MD
Managing Director Karachi Shipyard and Engineering Works (KSEW), Rear Admiral Ather Saleem said that KESW had acquired land at Gwadar for the development of another shipyard in view of increased movement of ships and maritime activities at Gwadar Port in the backdrop of CPEC. He said this, briefing a delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) who visited KSEW on his invitation.

"Since its independence, Pakistan had established only one shipyard whereas there were 23 shipyards in India out of which nine were in public sector and five in Bangladesh," he said. The KSEW head underscored the need for public-private partnership in the maritime sector as it offers huge potential of investment and earnings, including foreign exchange, in many fields such as transportation of goods through shipping, both inland and foreign countries.

He also gave some suggestions to Karachi Port Trust and Bin Qasim Port for patronising the indigenous shipping industry and buying the ships, for their requirements. The delegation head S.M Muneer lauded the efforts being made by the KSEW in ship-building and development of maritime activities as they play an important role in facilitating trade through cheap transportation of goods.

On behalf of business community of Pakistan and FPCCI, he assured the KSEW Managing Director of his full support. He also assured to extend cooperation by making the FPCCI a bridge between KSEW and government in facilitating, developing, promoting and resolution of ship building issues.

The delegation comprised: Kazi Abdul Mukhtar, former governor State Bank of Pakistan, Syed Mazhar Ali Nasir, adviser to FPCCI president, Hanif Gohar, vice president FPCCI Lahore Zaki Ahmed Sharif, chairman FPCCI Standing Committees (Central) on Reforms and Austerity Measures Arshad Rahim Khan, Shakaib Arif, COO National Foods.

Copyright Business Recorder, 2019


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