Two dead after small plane crashes into California building    Slovakia threatens to cut benefit for Ukrainians    Thousands attend vigil in Podgorica for 12 victims of Cetinje shooting rampage    Elon Musk sparks furor over support for British far-right instigator Tommy Robinson    Meghan announces new Netflix lifestyle show    Saudi trade surplus grows 30% to SR20.76 billion in October 2024    Saudi FM reaffirms support for all initiatives to ensure Syria's security and sovereignty    Courchevel subzone: An enchanting winter fun and adventure experience in Riyadh Boulevard World    Saudi Arabia secures $2.5 billion Shariah-compliant revolving credit facility    HR Ministry: 45% increase in wages of Saudis working in private sector    Al-Nassr sells Seko Fofana to Rennes after loan stint at Al-Ettifaq    NMC: Saudi Arabia witnessed strongest cold wave in 1992 with minus 9.3°C in Hail Temperatures to drop below zero in northern regions in coming days    SFDA warns against using SHTINE bottled water due to high bromate levels    Updated fee for Iqama renewal SR51.75 and reentry visa extension SR103.5 Absher Business introduces 7 fees for establishments    Bahrain and Oman to clash in Khaleeji Zain 26 final after stunning semi-final wins    Crypto fugitive Do Kwon extradited to US over $40bn crash    Angelina Jolie and Brad Pitt reach divorce deal    Philip Morris leverages tech, innovation for smoke-free world    Oman gear up for Saudi semi-final clash in Khaleeji Zain 26    Kuwait coach plots to topple former team Bahrain in Khaleeji Zain 26 semi-final    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    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.