The government has approved the New Gwadar Shipyard Mega Project, activating a Project Management Cell (PMC) as per Prime Minister Shahbaz Sharif’s directive. With Rs. 200 million allocated for PMC formation, key appointments will be made to oversee operations. The modern shipyard aims to boost commercial shipbuilding and repair, create new jobs, and drive economic growth under CPEC Phase II. The 750-acre site has been demarcated, and with land disputes nearing resolution, international tenders will soon be floated. Senator Muhammad Abdul Qadir emphasized the project’s strategic importance, urging its launch this year while ensuring employment for Balochistan’s workforce. Equipped with cutting-edge technology, the shipyard will position Pakistan among world-class shipbuilding hubs.
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