Hajj minister reassures safe departure of Iranian pilgrims in call with head of Iran's Hajj Organization    Crown Prince reaffirms Saudi condemnation of Israeli attacks in call with Iran's president    First group of Iranian pilgrims departed via Jadidat Arar border crossing    5 arrested for stealing cables in Makkah    GASTAT: Inflation falls to 2.2% in May    Gulf stock markets tumble amid Israel-Iran escalation    Saudi Aramco shares rise as oil surges 7% on geopolitical fears    Ministry of Commerce: Companies to be penalized if failed to submit financial statements by June 30    Trump urges Iran and Israel to make peace deal    Israel targets Iranian defense and nuclear sites in new wave of strikes on Tehran    Turkish President calls Saudi Crown Prince to discuss exerting efforts for regional de-escalation    Yemeni resident arrested in Jeddah for attempting to sell 194,000 amphetamine pills    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Portugal beats Spain to win The Nations league    Cowboy Beyoncé dazzles nearly sold-out stadium    How to pre-register for VALORANT Mobile    Disney lays off hundreds more as it cuts costs    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Pakistani port to be operational by next year
Published in The Saudi Gazette on 13 - 04 - 2016

A multimillion dollar port being developed by China in Pakistan is set to be at "full operation" by the end of the year, a Chinese official said Tuesday, part of Beijing's ambitious economic plans in the region.
Gwadar port, on Pakistan's southwest coast, will see roughly one million tons of cargo going through it by 2017, said Zhang Baozhong, chairman of the Chinese public company in charge of the development.
Current trade there is "basically nothing," he told reporters on the sidelines of a seminar about the port's development Tuesday.
"We hope a big jump will take place... Our dream is to make Gwadar a regional trading center," he said.
Gwadar, in Baluchistan province, forms what officials call the "heart" of the China Pakistan Economic Corridor, a grand $46 billion project giving Beijing greater access to the Middle East, Africa and Europe through Pakistan.
The port was built in 2007 with technical help from Beijing as well as Chinese financial assistance of about $248 million.
Zhang said the tonnage will initially comprise "quite a number" of construction materials for the city's development, which Pakistani officials envision turning into another Dubai.
Exports will at first focus on the local fishing industry, he said, with a modern processing plant planned for the area, though he would not give a timeline for the plant.
"We shall try to process it here... So that the locals can benefit," he told reporters after the seminar.
Desperately poor Baluchistan has been roiled since 2004 by a separatist insurgency aimed at seeking greater control over the province's resources.
Some Baloch nationalists have accused the Chinese of conspiring with the Pakistani elite to plunder the province while doing little to share profits and create jobs for local people.


Clic here to read the story from its source.