Govt to set up new shipyard at Gwadar Port
- November 27, 2013, 7:28 pm
- National News
- 187 Views
KARACHI Nov 27 (Online): Minister for Defence Production Rana Tanveer Hussain has said that the government is considering setting up new shipyard at Gwadar Port to expand business activities.
He was speaking at a steel cutting ceremony of fleet tanker manufacture for Pakistan Navy at Karachi on Wednesday.
The fleet tanker is being manufactured with the cooperation of Turkey.
The Minister said ship building industry is playing an important role in generating employment opportunities and the government intends to make this industry more viable in the region.
He said Karachi Shipyard earned over 400 million rupees through tax revenue during the last financial year.
Rana Tanveer Hussain said there are vast opportunities for expanding bilateral cooperation in various fields between Pakistan and Turkey. He stressed the need for utilizing these opportunities for the benefit of both peoples.
