Islamabad, March 14, 2014 (PPI-OT): The Federal Minister for Ports and Shipping Senator Kamran Michael said that Prime Minister of Pakistan has approved nine projects for Gwadar port, that include Airport, Schools, Hospital, Vocational Training Institutes, projects for uplifting fisher men and fish industry, and upgradation of infrastructure. He said that Government is going to invest 1.20 billion dollars at Gwadar Port for next two to three years’ projects.
Senator Kamran Michael has said that talks with C.E.O of a Chinese company remained very positive, optimistic and Chinese delegation after completing ITS three day visit to Gwadar Port has departed to China.
Ambassadors of some European countries had also paid visits to Karachi and Gwadar and Ambassadors of Netherlands and Belgium had invited him to their countries. Ministry of Ports and Shipping will sign Memorandum of Understandings with these countries by the end of this month and he is likely to visit Rottordam port and zeebrugge in Netherlands and Belgium to explore new avenues of cooperation.
Federal Minister will meet business community of both countries who are interested to expand their trade with Pakistan. The Minister said that he maneuvered to lift ban on Pakistan’s fish export to European markets. Pakistan’s fish export has considerably increased in the recent months, he added.
The Federal Minister strongly refuted a news item telecast by a private T.V. channel that Gwadar Ports Authority wants to cancel contract of a Chinese company.
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