Pakistan: CHEC Set to Run Gwadar Port

Port of Singapore Authority (PSA) and its partners, Aqeel Kareem Dedhi (AKD) Group of Karachi and the National Logistic Cell (NCL), are ready to sell their share of Gwadar Port to China Harbour Engineering Co Ltd (CHEC).

According to atimes.com, CHEC will take over the Pakistan’s port after Singapore decided to pull out of a 40-year port management and development contract signed in 2007.

Babar Khan Ghauri, the Ports and Shipping Minister, said: “The denial of land at Gwadar Port forced PSA to leave the port, which will be taken over by a Chinese company.

Gwadar Port was built with Chinese assistance of more than $220 million.

Atimes.com reports that after taking control, CHEC will simultaneously become the builder and operator of the Gwadar Port.

Dredging Today Staff, September 4, 2012

Share this article

Follow Dredging Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply